eEnergy invests in eEnergy Insights Ltd, newly formed smart metering Co.
eEnergy the AIM-listed “Energy Efficiency-as-a-Service” company has made an investment in eEnergy Insights Ltd (“EIL”), a newly formed specialist smart metering measurement equipment and analytics business formed from the administration of Measure My Energy Limited. The initial cash investment of £126,000 into EIL is in the form of loan notes, as well as a nominal equity investment, resulting in a 33% equity stake in EIL. EIL aims to become a leading specialist smart metering equipment and analytics business.
The film below, shot at last year’s full year results, outlines eEnergy’s services and growth strategy