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Bargain Shares 2024: A net zero strategy that will soon be rewarded

Energy-efficiency-as-a-service profits are booming for this energy services provider
February 8, 2024

Aim: Share price: 7.1p

Bid-offer spread: 7-7.2p

Market value: £27.5mn

  • Pro-forma cash of £18mn (4.7p)
  • Energy Services unit potentially worth £30mn
  • Potential £8mn-£10mn earn-out from recent disposal

eEnergy (EAAS) is a technology-enabled energy services provider that helps corporate and public organisations achieve their net zero goals by designing, funding and implementing energy efficient projects.

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