eEnergy (AIM: EAAS)  has entered into a new €5 million two-year project funding facility with Solas Capital, a specialist investment advisory company run by energy efficiency specialists, to finance LED lighting projects in Ireland.

Harvey Sinclair, CEO of eEnergy, commented:

“I am delighted that we have secured this funding with an exciting new partner. Solas’ mission to support the move to a carbon neutral society goes hand in hand with our mission to help customers moving towards Net Zero and beyond. The New Facility is a reflection of Solas’ confidence in eEnergy’s recent performance and also a firm commitment to our continued growth and strategic direction.”