Investment case

The digital energy services provider.

We make funded energy upgrades simple — for single sites and multi-site portfolios — with zero upfront cost.

Our Reduce | Generate | Store | Charge model upgrades the four fundamentals of building energy: efficiency (LED and controls), on-site generation (solar), storage (Batteries), and EV charging.

Delivered through our digital platform, customers gain real-time visibility, optimised performance, and transparent reporting — with a clear, investable route from survey to delivery.

# 0

In the education sector.

£ 0.00 m

Revenue from continuing operations

0 +

Years experience

Once in a generation market opportunity

92% of SMEs don’t fully understand Net Zero.

  • A massive retrofit estate: ~1.8m non-domestic buildings in England & Wales.

  • Energy is now a Board-level issue: volatility + structurally higher costs keep ROI compelling.

  • Regulation is tightening: Net Zero and building performance expectations are moving from optional to mandatory.

  • On-site power is scaling: solar + storage + workplace charging are becoming standard portfolio upgrades.

  • Funding is the unlock: customers want outcomes — they need zero-upfront routes to action.

  • Not just education: eEnergy is now winning and delivering across education, healthcare, C&I and sport/leisure.

Technology-led market differentiation

 

4 platforms scaling LED, solar, storage and EV charging.

  • Proprietary LED survey app cuts proposal cycle time by ~67% — from 3 days to 1 day from survey to investment-grade proposal.

  • Standardised data capture improves consistency, auditability and multi-site roll-out at pace.

  • Operating leverage: higher throughput per surveyor/PM without linear headcount growth.

  • Salesforce + NetSuite backbone: pipeline governance, delivery control, and margin protection.

  • Insight + funding + execution delivered through one accountable platform.

Integrated Net Zero solutions for a large addressable market

One third of Energy Services revenue from pre-existing customers.

  • Full-stack upgrades across Reduce | Generate | Store | Charge — one partner, one route to delivery.

  • Cross-sell built in: each project expands the footprint and increases customer lifetime value.

  • Improved visibility from contracted value and forward pipeline progression.

  • Portfolio approach drives repeatable delivery, standardised governance and reduced friction.

  • One-third of Energy Services revenue from existing customers — retention plus expansion is working.

Innovative, capital-free, as-a-Service model

1,300+ energy decarbonisation projects completed.

  • Zero-upfront delivery, enabled by long-term funding partners (Redaptive and NatWest).

  • Removes the capex barrier and speeds up decision-making for customers.

  • Scales efficiently: funding + delivery capability supports multi-site rollouts and repeat projects.

  • Proven model expansion into additional products using the same platform and customer base.

  • De-risks adoption of Net Zero upgrades by aligning cost to outcomes.

Scalable business model with strong financial profile

Cash positive solutions with zero capital required to achieve up to 60% energy reductions.

  • Multi-year upgrade cycle plus multi‑site estates support sustained growth.

  • High-margin mix from services, software and recurring contracts — not just one-off install revenue.

  • 33% revenue CAGR since 2020 AIM listing.

  • Strategic funding partnerships reduce friction, improve conversion, and accelerate delivery.

  • Repeat business + backlog visibility underpin predictable revenue progression.

 

Experienced leadership driving sustainable growth

 

20% of equity owned by the Board and Senior Management.

(includes Harwood Capital who have a nominee on the board)

  • Proven operators across energy services, technology, and scaled delivery in complex environments.

  • Execution-led culture: consistent delivery, safety, customer outcomes, and margin discipline.

  • Aligned incentives: ~20% equity held by Board and Senior Management.

  • Credibility signals (e.g., recognised growth/green economy credentials) support trust and access.

  • Track record of scaling operations while maintaining delivery quality.

Share price

Reports and documents