Eenergy Group Share Price (EAAS)

Any day now we should see the 18mth FY results, which won'rt be brilliant as already indicated, but i'm more interested in the progress since closed date of Dec2023. We already know of the contract win, recently announced, but have we utilised any of the £40M or at least have some of it planned for this year? The SP needs a boost and a re-rating so good news please BOD.

Good point well made Shandypants. Having worked at eEnergy I can indeed confirm that with schools its slowly slowly catchy monkey. No Headteacher or Trust Finance Director wants to be the first person to sign off on a project that hasn't been trialled either at other schools in the group, or at least in a school of a similar nature. Once the floodgates start to open I honestly believe the flow will be huge. It just takes a few 'visionaries' within the school groups to trial it, then growth will be exponential

Yes, a big contract and good timing too - the SP was drifting down on no news.

This does show the time it takes to get these contracts confirmed though as the RNS states that "The Contract award follows the successful installation of a first solar trial site." So you do a pilot on 1 site and if ok then a larger contract can be signed.

I suspect there are many other similar scenarios currently being implemented. For example we know EAAS have a big presence in schools. A number of academies manage 10 to 20 schools. I suspect these organisations would start with a pilot in 1 school before committing to an academy wide installation.

Massive contract nice one.

Good demonstration of what can be achieved with new capital. Onwards and upwards!