eEnergy Group adds Gary Worby to its Board as Independent Director

– UK, London –  eEnergy Group plc (LON: EAAS), a leading “Energy Efficiency-as-a-Service” business in the UK and Ireland, today announced the appointment of Gary Worby to its Board as an Independent Non-Executive Director and member of the Remuneration Committee, effective immediately.

“Gary will bring to eEnergy considerable experience in the energy management industry. He will make a valuable contribution as we build a market-leading integrated energy management and energy savings platform. Gary’s decision to join eEnergy is testament to the quality of people that we can attract, and his appointment as an additional independent non-executive strengthens the Board’s corporate governance.” said CEO, Harvey Sinclair. 

About Gary Worby

Gary brings considerable strategic experience to eEnergy, having worked in the energy and carbon sector for many years. In his role as an Independent Non-Executive Director, he will support the Board to help build eEnergy into a market-leading integrated energy management and energy savings platform, as well as strengthening the Group’s corporate governance.

Gary’s career has included various executive leadership roles guiding businesses through organic growth and pan-European expansion, acquisitions, and trade sales. He was Managing Director of EnergyQuote JHA, one of the largest pan-European energy consultants with a world-class client base, which was acquired by Accenture in 2014. He was subsequently Managing Director of Energy and Carbon Management, a specialist UK energy, carbon, and water consultancy, acquired by Inprova Finance in 2018 which was then itself acquired by Inspired Energy plc in the same year.

Gary is currently Executive Chairman of UDIntel, which creates pioneering data modeling solutions for the utility market.

Gary Worby commented: “I’m excited to join eEnergy at this point in its development. The recent acquisition of Beond is the first step in creating a unique integrated energy management and energy efficiency platform that will support clients on their journey towards achieving Net Zero.”

About eEnergy Group plc

eEnergy Group plc is a leading “Energy Efficiency-as-a-Service” business focused on providing its core “Light-as-a-Service”, to educational and commercial & industrial customers through its eLight and RSL operations in the UK and Ireland. The Group helps businesses and schools switch to LED lighting, typically for a fixed monthly service fee, avoiding any upfront payments.

eEnergy was admitted to AIM in January 2020. The Board’s strategy is to develop eEnergy as a broader energy services company and acquire other businesses in the energy management sector. The market in the EU for energy efficiency services was approximately €25 billion in 2017 and is expected to double by 2025.

In December 2020, eEnergy completed the acquisition of Beond Group Limited. Beond is a UK-based renewable energy consulting and procurement business, whose services aim to reduce costs for clients and tackle climate change. Beond’s services include the provision of clean energy strategy, smart energy procurement, hedging strategies, bill validation, bureau services, and market intelligence. However, its key offering is its proprietary platform used to run reverse energy auctions for clients.

eEnergy has been awarded The Green Economy Mark by the London Stock Exchange, which recognizes a company’s work on sustainability.

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