Business
Update on Senegal Joint Venture Payment
Eco Buildings Group PLC anticipates receiving a €1.75 million deposit from G2 Invest in mid-February 2026, a significant step for its Senegal joint venture. The company is also securing additional residential construction projects in Senegal, which will influence the final production line configuration for the joint venture, aiming to align capital deployment with contracted demand for efficient growth. Disclaimer*
About this update from Eco Buildings Group Plc
[{"type":"text","content":"\n\nCertain information contained within this Announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 (\"MAR\") as applied in the United Kingdom. Upon publication of this Announcement, this information is now considered to be in the public domain.\n \n31 December 2025\nEco Buildings Group PLC (\"Eco Buildings\" or the \"Company\")\nUpdate on Senegal Joint Venture Payment\n \nEco Buildings Group plc (the \"Company\" or the \"Group\"), a UK-listed modular construction company, is pleased to provide an update regarding its strategic joint venture in Senegal with G2 Invest Group.\nThe Company now expects to receive the initial €1.75 million deposit from G2 Invest in mid-February 2026, representing a key milestone in advancing the Senegal joint venture.\nIn addition, the Company is actively securing additional residential construction projects on the ground in Senegal. The scale and volume of these confirmed housing commitments will directly inform the final configuration and number of production lines to be deployed under the joint venture. The Company believes this disciplined approach ensures capital deployment remains closely aligned with contracted demand, optimising operational efficiency and supporting scalable growth. Further updates will be provided as appropriate.\n\n\n\n\nEco Buildings Group plc\nEtrur Albani, Executive Vice Chairman\nFiona Hadfield, Finance Director\n\n\nTel: +44 (0)20 7380 0999\n \n\n\n\n\nSpark Advisory Partners Limited (Nominated Adviser)\nMatt Davis / James Keeshan\n\n\nTel: +44 (0)20 3368 3550\n\n\n\n\nTavira Financial Limited (Joint Broker)\nOliver Stansfield/Jonathan Evans\n\n\nTel: +44 (0)20 3192 1739\n\n\n\n\nCMC Markets UK Plc (Joint Broker)\nDouglas Crippen\n\n\nTel: +44 (0)20 71708200\n \n\n\n\n\n \nAbout Eco Buildings Group plc\nEco Buildings Group plc is a UK-listed innovator in prefabricated, green-housing technology. Its modular systems, based on proprietary GFRG wall panels, serve both affordable and high-end markets, combining cost efficiency, rapid deployment and sustainability. The Group is expanding globally with established partnerships and projects across Europe, Africa and Latin America.\n\nFurther information: www.eco-buildings.net\n\n","length":4348,"tagName":"div"}]