Source - LSE Non-Regulatory
RNS Number : 9803L
eEnergy Group PLC
13 November 2024
 

13 November 2024

 

eEnergy Group plc

("eEnergy", "the Company" or "the Group")

 

eEnergy awarded place on NHS Commercial Solutions Framework Agreement

 

eEnergy, the leading digital energy services provider, is pleased to announce its successful appointment to the NHS Commercial Solutions Sustainable Estates Framework Agreement. This appointment allows eEnergy to further support the UK's public sector in its mission to reduce carbon emissions and achieve substantial energy savings across NHS Trusts.

 

As a partner with a proven track record of delivering large-scale energy-saving projects, eEnergy brings unparalleled expertise in reducing energy consumption and achieving financial savings for public sector organisations. This new framework agreement positions eEnergy to help NHS Trusts lower their energy bills, reduce their environmental impact, and accelerate their path to Net Zero.

 

A public sector framework agreement, such as the NHS Commercial Solutions Framework, is a trusted procurement route designed to streamline the way public entities-like NHS Trusts-source vital services, including energy solutions. By being awarded a place on this framework, eEnergy joins an exclusive group of suppliers who have been rigorously vetted and are approved to deliver energy efficiency services without the usual lengthy procurement processes.

 

This streamlined access brings a number of critical advantages:

 

Credible, Trusted Supplier Status: Framework approval signifies eEnergy's capability, reliability, and compliance with the high standards expected by the NHS.

Accelerated Project Start Times: NHS Trusts can engage eEnergy more rapidly, enabling faster project delivery and quicker energy and cost savings.

Long-Term Partnership Opportunities: Framework participation often leads to steady, ongoing contracts, helping eEnergy to deepen its public sector relationships.

 

In essence, this framework position allows eEnergy to provide NHS Trusts with efficient and impactful energy-saving solutions with minimal procurement barriers, advancing both immediate and long-term Net Zero goals across the healthcare sector.

 

eEnergy's place on the NHS Commercial Solutions Framework Agreement further enhances its strong portfolio of public sector partnerships, which also includes agreements with Proactis (YPO), Lexica/NHS London, Crown Commercial Service (CCS), and EverythingFM. These partnerships allow eEnergy to deliver innovative, compliant energy solutions that reduce costs, increase energy independence, and support the UK's journey towards Net Zero.

 

Harvey Sinclair, CEO of eEnergy, commented: "Our appointment to the NHS Commercial Solutions Framework Agreement is a significant milestone for eEnergy. We are proud to be partnering with NHS Trusts at a time when energy efficiency has never been more critical. Our success in the education sector, where we have saved millions in energy costs, is a testament to the positive impact we can make for the NHS. We look forward to helping NHS facilities eliminate energy waste, reduce costs, and move closer to achieving their Net Zero goals, all while providing flexible funding solutions that enable action without financial strain."

 

 

For further information, please visit www.eenergy.com or contact:

 

eEnergy Group plc

Tel: +44 20 7078 9564

Harvey Sinclair, Chief Executive Officer

John Gahan, Chief Financial Officer

 

info@eenergy.com

Strand Hanson Limited (Nominated Adviser)

Tel: +44 20 7409 3494

Richard Johnson, James Harris, David Asquith

 


Canaccord Genuity Limited (Broker)

Tel: +44 20 7523 8000

Max Hartley, Harry Pardoe (Corporate Broking) 




Tavistock

Tel: +44 207 920 3150

Jos Simson, Simon Hudson, Katie Hopkins

eEnergy@tavistock.co.uk

 

About eEnergy Group plc

eEnergy (AIM: EAAS) is revolutionising the path to Net Zero as a leading digital energy services provider for B2B and public sector organisations. We eliminate the barriers to clean energy generation and energy waste reduction, offering solutions that don't require upfront capital investment. Our vision is clear: make Net Zero possible and profitable for every organisation.

 

Our primary services include:

·      Reduce: LED lighting and controls

·      Generate: Solar PV, ground mount, rooftop, and carport

·      Charge: EV charging and management software

 

All eEnergy's services come with intelligent circuit-level energy analytics and are funded through NatWest or Siemens to provide an off-balance sheet-compliant energy-as-a-service solution.

 

eEnergy has completed over 1,100 decarbonisation projects within the B2B and public sector. We are #1 in the education sector, having worked with over 840 schools, installing over half a million LED lights, and improving the learning environment for over 443,000 students-enough to fill Wembley Stadium almost five times over. In one year alone, eEnergy has saved the education sector £13 million in energy costs. With over 70% of schools yet to transition to LED lighting and over 90% yet to deploy solar, eEnergy estimates that at least £5.4 billion would need to be invested to install adequate rooftop solar, LED lighting, and EV charging infrastructure in UK schools.

 

eEnergy is a market leader within the education sector and has been awarded the Green Economy Mark by the London Stock Exchange.

 

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