eEnergy Group PLC - Net zero energy services provider - Enters new €5 million, two-year project funding facility with Solas Capital AG to finance LED lighting projects in Ireland.

The new facility replaces previous funding arrangements in Ireland. eEnergy says it gives greater certainty on funding eligible lighting projects at similar costs of capital.

The facility is being provided through the Solas Sustainable Energy Fund, which is supported by the European Investment Bank, the Ireland Strategic Investment Fund, and the LIFE-programme of the European Commission.

Chief Executive Officer Harvey Sinclair says: ‘Solas’ mission to support the move to a carbon neutral society goes hand in hand with our mission to help customers moving towards net zero and beyond. The new facility is a reflection of Solas’ confidence in eEnergy’s recent performance and also a firm commitment to our continued growth and strategic direction.’

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