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Update on Chilean Operations

24 Oct 2025 12:06

RNS Number : 7906E
Eco Buildings Group PLC
24 October 2025
 

Reach Announcement

 

24 October 2025

Eco Buildings Group PLC

("Eco Buildings" or the "Company")

Update on Chilean Operations

 

Eco Buildings Group plc ("Eco Buildings" or the "Company"), the AIM-quoted designer, manufacturer and builder of advanced modular housing systems, issues the following clarification in response to recent investor enquiries and online commentary regarding its operations in Chile.As part of Chile's regulated social housing framework, all projects are administered through licensed entities known as Entidades de Gestión Inmobiliaria Social (EGIS), officially accredited Social Housing Management Organisations that act as the primary interface between government programmes and private sector delivery partners.Eco Buildings' agreement in Chile is with E.P. Solhabit Ltda., a fully licensed and accredited EGIS authorised to participate in Chile's national social housing programme. Under this framework, Solhabit designates the qualifying recipient families and oversees compliance with national housing policy requirements, while Eco provides its advanced modular housing technology and construction expertise.The Company confirms that its collaboration with Solhabit is fully consistent with Chilean administrative procedures and housing legislation. Eco Buildings is also in active and extensive discussions with several additional licensed EGIS entities, reflecting the substantial and growing demand for the Company's innovative, high-tech, and energy-efficient building systems. There are in excess of 370 licenced EGIS organisations in Chile.

These arrangements are set out in the Government legislation : Resolution 1439 Exenta under the New Housing Policy of the Chilean GovernmentEco Buildings continues to progress these opportunities in a structured and transparent manner, ensuring that each partnership meets both local regulatory standards and the Company's own governance requirements.Further updates will be provided as developments occur.For context, investors can refer to the publicly available documentation outlining the EGIS framework within Chile's national social housing programme. Please use the following link:

https://www.arcom.ac.uk/-docs/proceedings/ar2008-371-380_Salvatierra-Garrido_Pasquire_and_Thorpe.pdf

About Reach announcements

Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only/non-regulatory news releases such as marketing messages, corporate and product information into the public domain. An RNS Regulatory announcement is required to be notified under the AIM Rules for Companies.

About Eco Buildings Group Plc

 

Eco Buildings Group Plc is a technology company redefining global housing delivery. Its proprietary automated GFRG modular building system enables the construction of sustainable, high-quality homes at unmatched speed and cost, certified across multiple jurisdictions. Eco's strategy is to deploy at least two production lines per country in partnership with governments and developers to meet urgent housing demand worldwide. Our modular housing solutions cater to both affordable and high-end housing markets. With a growing portfolio of international projects, Eco Buildings is dedicated to redefining construction for the future. 

 

 

 

Further information is available on Eco Buildings website: www.eco-buildings.net

For more information contact:

Eco Buildings Group plc

Dr Etrur Albani , Executive Vice Chairman

Fiona Hadfield, Finance Director

Tel: +44 (0) 207 380 0999

 

 

Spark Advisory Partners Limited (Nominated Adviser)

Matt Davis / James Keeshan

 

Tel:  +44 (0) 203 368 3550

Tavira Securities Limited (Broker)

Oliver Stansfield / Jonathan Evans

CMC Capital Markets (Joint Broker)Douglas Crippen

 

Tel: +44 (0) 203 192 1739

 

 

Tel: +44 (0) 203 003 8254

 

Notes

The Company has acquired proven and innovative prefabricated technology which has been in development and commercial use since 2006. Eco Buildings' range of prefabricated, green housing products based on glass fibre reinforced gypsum walls ("GFRG") provides a construction solution for both affordable and high-end housing.

Eco Buildings has already secured two sales contracts with major construction companies, one in Albania, the other in Kosovo, which are expected to generate gross sales revenue of approximately up to €38 million in total per annum over the first three years (approximately €114 million in total) following Admission.

The market share for factory-based building technology is expected to grow significantly over the coming years as private developers and the public sector seek to address the substantial and growing deficit in housing stock and issues of construction cost, speed and quality and housing affordability.

 

 

 

 

 

 

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11th Feb 20267:00 amRNSLaunch of Indonesian Subsidiary with Local Partner
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27th Jan 20267:00 amRNSUpdate on 18-Unit Luxury Apartment Development
31st Dec 20257:00 amRNSUpdate on Senegal Joint Venture Payment
31st Dec 20257:00 amRNSUpdate on Senegal Joint Venture Payment
11th Nov 20257:00 amRNS-REco Albania Completes Independent Standards Tests
30th Oct 20257:00 amRNS-REco Buildings exhibits modular housing in Tirane
28th Oct 20257:00 amRNSIssue of Equity
27th Oct 20257:00 amRNSAlbania Project Update
24th Oct 202512:06 pmRNS-RUpdate on Chilean Operations
22nd Oct 20252:34 pmRNSClarification re Eco over €400m Chile Contract
21st Oct 20257:00 amRNSEco Buildings Secures over €400m Chile Contract
16th Oct 20257:00 amRNS-ROperational Update on Geographic Expansion
15th Oct 20257:00 amRNSHolding(s) in Company
14th Oct 20257:00 amRNSEco to Expand in Africa with Sudanese Subsidiary
8th Oct 20257:00 amRNS-RFirst Canadian Order
7th Oct 20257:00 amRNSOperational Update on Senegalese Subsidiary
30th Sep 20257:00 amRNSInterim Results
26th Sep 202511:08 amRNSHolding(s) in Company
22nd Sep 202510:33 amRNSHolding(s) in Company
22nd Sep 202510:30 amRNSConversion of Loan Notes & Holding(s) in Company
12th Sep 202511:56 amRNSFundraise of £600,000
10th Sep 20257:00 amRNS-RCharitable house built in a day
9th Sep 20257:00 amRNS€2.2 Million contract - Production Update
5th Sep 202510:00 amRNSBoard Changes
4th Sep 20257:00 amRNS€2.2 Million Contract Signed and £300,000 CLN
30th Jul 20252:37 pmRNSResult of AGM
14th Jul 20257:00 amRNSLitigation against the Republic of Kosovo Update
1st Jul 20257:00 amRNSFinal Results for the year ended 31 December 2024
15th May 20257:00 amRNSCompletion of Fundraise
6th May 20257:00 amRNS-ROperational Update on Senegalese Subsidiary
28th Apr 20257:00 amRNS-RCertification of Environmental Management Award
24th Apr 20257:00 amRNSNew Senegal Subsidiary with Local Partner
8th Apr 20257:00 amRNS-RProduction Milestone Achieved
28th Mar 20251:17 pmRNSBoard Changes
27th Mar 20255:08 pmRNSResult of GM
13th Mar 20257:00 amRNSNotice of GM
3rd Mar 20257:00 amRNS-RFirst Showcase house for Chile erected & complete
3rd Feb 20257:00 amRNS-RCE marking approval and certification
17th Jan 20254:23 pmRNSIssue of Shares
4th Dec 20247:00 amRNS€1M in Revenues now achieved as of 2 December 2024
19th Nov 20247:00 amRNSLetter of Intent confirming order for 10k houses
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