Harvey Sinclair, CEO of eEnergy, talks with Share Talk today and explains the ethos behind the business model.
About eEnergy Group plc
eEnergy is an established “Energy Efficiency-as-a-Service” (EEaaS) business currently focused on providing “Light-as-a-Service” to commercial customers through eLight.
eLight helps 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 cash-flow 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. https://eenergyplc.com/
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