eEnergy Partners with Redaptive for £100m UK Energy Projects

eEnergy Group ( (GB:EAAS) ) has issued an update.

eEnergy Group plc has announced a partnership with Redaptive Inc., a US-based Energy-as-a-Service provider, to fund up to £100 million for eEnergy projects in the UK. This collaboration will allow eEnergy to manage and deliver energy-saving projects across various sectors, enhancing its market presence and cash flow. The partnership is expected to accelerate the deployment of clean energy solutions, supporting eEnergy’s mission to make Net Zero achievable and profitable for more organizations.

The most recent analyst rating on (GB:EAAS) stock is a Buy with a £12.00 price target. To see the full list of analyst forecasts on eEnergy Group stock, see the GB:EAAS Stock Forecast page.

More about eEnergy Group

eEnergy Group plc is a leading digital energy services provider focused on helping B2B and public sector organizations achieve Net Zero. The company offers solutions such as LED lighting, solar PV installations, and EV charging management without requiring upfront capital investment. eEnergy has completed over 1,100 decarbonisation projects, particularly excelling in the education sector, and has been recognized with the Green Economy Mark by the London Stock Exchange.

Average Trading Volume: 896,457

Technical Sentiment Signal: Sell

Current Market Cap: £19.17M

For a thorough assessment of EAAS stock, go to TipRanks’ Stock Analysis page.