Business
Ireland update and expansion into Northern Ireland
Ireland update and expansion into Northern Ireland.
About this update from Eenergy Group Plc
[{"type":"text","content":"\n \n \n RNS Number : 6796F\n eEnergy Group PLC\n 12 March 2020\n \n \n \n \n 12 March 2020\n \n \n eEnergy Group plc\n \n \n (\"eEnergy\" or \"the Group\")\n \n \n \n \n \n Update on operations in Ireland and expansion into Northern Ireland\n \n \n \n \n \n eEnergy Group plc (AIM: EAAS), a leading \"Energy Efficiency-as-a-Service\" (EEaaS) business in the UK and Ireland, is pleased to provide an update on the progress of its operations in Ireland, including its first expansion into Northern Ireland.\n \n \n \n \n \n The Group, through its eLight subsidiary, has been operating in the Republic of Ireland since 2013, and has already completed over 900 lighting upgrades in the commercial business sector. eLight provides \"Light-as-a-Service\" (LaaS) to businesses and schools to help them switch to LED lighting for a fixed monthly service fee, avoiding any upfront payments.\n \n \n \n \n \n Northern Ireland Expansion\n \n \n While eLight is already well established in the Republic of Ireland, the Group believes the Northern Ireland energy efficient lighting market is underdeveloped. The Board sees significant growth potential, particularly in the education sector, where schools tend to be larger than in the Republic of Ireland. \n \n \n \n \n \n Accordingly, eEnergy has recently expanded its operations into Northern Ireland, adding to its presence in Dublin and London. The new sales team, under the direction of business development manager Michael Aiken, \n is in advanced discussions with a number of educational bodies in Northern Ireland.\n \n \n \n \n \n New Partnership in the Republic of Ireland \n \n \n The Group is pleased to announce that it has formally agreed a partnership with the Irish smart energy supplier, Pinergy. This partnership creates a significant new sales channel for eLight, which will provide a LaaS product to Pinergy's business customers. Pinergy supplies its business customers with 100% renewable energy, meaning its customers are focussed not only on cost but also on sustainability, ensuring close alignment between the two businesses. \n \n \n eLight has already delivered lighting solutions for a number of Pinergy clients and the partnership is expected to improve eLight's development pipeline. Pinergy joins Lynch Interact which formed a partnership with eL...