- Secured £2.3 million in new LED lighting contracts for immediate execution.
- Projects anticipated to generate £1.4 million in annual savings and reduce carbon emissions by 900 tonnes.
- Total contract value with Ark Multi-Academy Trust expected to reach £5.5 million by the end of 2025.
Energys Group (ENGS, Financial) has successfully secured additional LED lighting contracts with Ark Multi-Academy Trust, marking a significant expansion following the successful completion of Phase I projects valued at £1.2 million. The newly awarded contracts are valued at £1.1 million for immediate execution, with an additional £1.2 million scheduled for August 2025 and a further £2.0 million anticipated for later in 2025. This series of agreements brings the total potential value of the program to £5.5 million.
The LED lighting projects are expected to deliver substantial financial and environmental benefits for Ark Multi-Academy Trust. They aim to achieve annual savings of approximately £1.4 million while significantly reducing carbon emissions by over 900 tonnes each year. These upgrades involve the installation of modern LED lighting systems equipped with intelligent controls, modernizing the lighting infrastructure across Ark's educational facilities.
The timing of these contracts ensures revenue visibility for Energys Group through 2025. The immediate commencement of the £1.1 million contracts demonstrates strong execution capability and client satisfaction, further solidifying Energys Group's position as a leading provider of energy efficiency and decarbonization solutions in the educational sector.
