IN BRIEF: eEnergy signs pact with Utility Data for bureau services

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

eEnergy Group PLC - London-based net-zero energy services provider - Enters contract with Utility Data Intelligence Ltd for the latter’s provision of bureau services worth GBPP240,000 annually. UDI has been a supplier to Beond Group Ltd, which was acquired by eEnergy in December 2020, since 2014. UDI will provide the following services to eEnergy: utility bill cost and consumption auditing; utility cost simulation & budget management; and utility bill issue resolution. eEnergy says the new contract will expand the relationship between it and UDI. Notes that Non-Executive Director Gary Worby is also executive chair of UDI and holds 24% of UDI shares.

Current stock price: 5.50 pence, up 5.8%

12-month change: up 62%

Copyright 2023 Alliance News Ltd. All Rights Reserved.