{"id":128380,"title":"Eco Buildings Group ( AIM: ECOB ) Soars 90% Following €420m Chile Contract Win","publisher":"Share Talk","author":"sharetalk","published":"2025-10-21T08:07:29+00:00","modified":"2025-10-21T08:07:29+00:00","canonical_url":"https://www.share-talk.com/eco-buildings-group-aim-ecob-soars-90-following-e420m-chile-contract-win/","markdown_url":"https://www.share-talk.com/eco-buildings-group-aim-ecob-soars-90-following-e420m-chile-contract-win.md","json_url":"https://www.share-talk.com/eco-buildings-group-aim-ecob-soars-90-following-e420m-chile-contract-win.json","category":"B2B","categories":["B2B","Business & Support Services","Technology","Technology, Media & Telecoms"],"tags":["Chile","Dr Etrur Albani","Eco Buildings Group","ECOB","Latin America","manufacture"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2024/01/HOUSE-18-JAN-23.jpg?fit=1200%2C800&ssl=1","format":"news","language":"en-GB","content":"[Eco Buildings Group PLC (AIM: ECOB)](https://www.investegate.co.uk/announcement/rns/eco-buildings-group-plc--ecob/eco-buildings-secures-over-400m-chile-contract-/9183000) shares **soared nearly 90%** in early Tuesday trading after the **UK-based sustainable modular construction company** announced a **landmark €420 million contract** with the **Chilean government** to **manufacture and supply 20,000 modular homes** under its **flagship social housing programme**.\n\nThe **seven-year contract** follows the company’s successful completion of a **rigorous certification process** with Chilean authorities. The **first phase** of the project will see **607 homes delivered in 2026**, supported by a **50% upfront deposit of €12.75 million**.\n\n**Executive vice-chairman Dr Etrur Albani** described the deal as a transformational step for the company:\n\n> “Securing our first project in Latin America represents an important milestone for Eco Buildings and demonstrates the scalability of our revolutionary technology across new markets.”\n\nTo support delivery, Eco will **establish a new manufacturing line in Chile**, with **factory installation planned for Q2 2026**. The company noted that the **structured payment system**, featuring **advance deposits for each tranche**, provides **strong cash flow visibility** throughout the contract period.\n\nDr Albani added:\n\n> “Chile provides a strong regulatory framework and a strategic entry point into the wider region. Our focus is on delivering high-quality, sustainable, and affordable housing through an efficient, industrialised approach. We believe our technology can help governments and developers accelerate housing delivery across Latin America in a cost-effective and environmentally responsible way.”\n\nThe announcement marks **Eco Buildings’ first major project in Latin America**, significantly expanding its international footprint and positioning the company for further growth in the global modular housing sector."}