eEnergy enters into new contract with Utility Data Intelligence

Energy services provider eEnergy said on Friday that it has entered into a new contract with Utility Data Intelligence for the provision of bureau services.

eEnergy stated the new contract has an estimated annual value of £240,000, expanding the existing relationship between UDI and itself.

The AIM-listed group noted that UDI has been a supplier to Beond Group, acquired by eEnergy in December 2020, since 2014.

UDI will provide eEnergy with utility bill cost and consumption auditing, utility cost simulation and budget management, and utility bill issue resolution.

As of 0900 GMT, eEnergy shares were up 3.85% at 5.40p.

Reporting by Iain Gilbert at Sharecast.com