eEnergy Group

eEnergy is a leading Energy Services business listed on AIM (EAAS). We enable our customers to achieve Net Zero without the need for capital investment. We provide smart Zero Carbon energy procurement, technology enabled energy management and Energy Efficiency as a Service. The business has grown rapidly since joining AIM in January 2020 and has completed four acquisitions in that time, the largest, and most recent, being of Utilityteam in September 2021. In FY21 (to June 2021) revenue was £13.6 m, which was more than 3 x the prior year and our organic revenue growth was over 75%. We expect to almost double again in size in the current year. We operate through two market facing divisions in the UK & Ireland. Our Energy Management (“EMaaS”) division is a Top 5 energy management business and helps organisations to procure their energy through our proprietary reverse auction platform. Our Energy Efficiency division deploys technology to reduce energy consumption and energy bills. Our clients have no upfront capital cost but pay us a monthly rental over a 5 or 7 year term that is always less than the energy savings made. Both of our divisions are supported by our proprietary MY ZeERO measurement & verification platform that measures energy consumption at an asset or circuit level, providing granular emissions and consumption data to our clients and enabling the identification and then elimination of their energy waste. We are now moving into localised generation (mainly solar) and EV charging to support our clients’ journey to Net Zero.