14 October 2020
eEnergy Group plc
("eEnergy" or "the Company")
Publication of Annual Report
eEnergy Group plc (AIM: EAAS), a leading "Energy Efficiency-as-a-Service" (EEaaS) business in the UK and Ireland, is pleased to announce that the Company's Annual Report and Accounts for the year ended 30 June 2020 is now available on the Company's website at https://eenergyplc.com/investors/ A copy will be posted to shareholders this week.
Contacts:
eEnergy Group plc |
Tel: +44 20 7078 9564 |
Harvey Sinclair, Chief Executive Officer
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info@eenergyplc.com ; www.eenergyplc.com
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N+1 Singer (Nominated Adviser and Joint Broker) |
Tel: +44 20 7496 3000 |
Peter Steel / Justin McKeegan / Carlo Spingardi (Corporate Finance) Tom Salvesen (Corporate Broking)
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Turner Pope Investments (Joint Broker) |
Tel: +44 20 3657 0050 |
Andy Thacker / Zoe Alexander
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Newgate Communications |
Tel: +44 7540 106 366 |
Robin Tozer / Isabelle Smurfit |
About eEnergy Group plc
eEnergy is an established "Energy Efficiency-as-a-Service" (EEaaS) business currently focused on providing "Light-as-a-Service" to customers through its eLight and RSL subsidiaries. We help businesses and schools switch to LED lighting for a fixed monthly service fee, avoiding any upfront payments. For customers, the energy savings are greater than the monthly service fee, allowing them to unlock free cashflow from day one as well as to improve the quality of their lighting and reduce carbon emissions. eLight procures, funds, installs and maintains the LED lighting, meaning the customer has no risk.
eEnergy was admitted to AIM in January 2020. The Board's strategy is to develop eEnergy as a broader energy services company and acquire other businesses in the energy management sector. The market in the EU for energy efficiency services was approximately €25 billion in 2017 and is expected to double by 2025.
eEnergy has been awarded The Green Economy Mark by the London Stock Exchange, which recognises a company's work on sustainability.