Singer Capital Markets appointed as Nominated Adviser and Joint Broker to eEnergy Group plc

Singer Capital Markets is delighted to announce our appointment as Nominated Adviser and Joint Broker to eEnergy Group plc with immediate effect.

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 is Singer Capital Markets’s 14th newest client year-to-date, taking our total number of Corporate Clients to 98 across AIM and the Main Market of the London Stock Exchange.

About eEnergy plc

eEnergy is an established “Energy Efficiency-as-a-Service” (EEaaS) business currently focused on providing “Light-as-a-Service” to 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 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.

Ticker: EAAS
Market Cap: £8 million*
Website: Click here

*As at 09/07/2020