eEnergy jumps on £5.2 million contract with Spire Healthcare

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eEnergy Group PLC shares jumped on Monday, after it said it has won a £5.2 million contract with Spire Healthcare Group PLC.

eEnergy is a London-based energy services provider. Also based in London, Spire Healthcare is a private healthcare firm, operating a network of 39 hospitals and over 50 clinics, medical centres and consulting rooms across England, Wales and Scotland.

Shares in eEnergy were up 12% to 6.72 pence each in London on Monday morning. Spire Healthcare shares rose 0.8% to 248.00p.

eEnergy said it has signed a £5.2 million contract with Spire Healthcare to provide a photovoltaic system across 38 sites. Revenue under the contract is expected to be recognised in financial 2024.

Harvey Sinclair, eEnergy chief executive, commented: ‘This contract win is one of our largest to date. The award underscores our dedication to deliver innovative energy efficiency solutions for our clients, showcasing our multi-project and multi-site abilities.’

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