PMSI provides customer referencing for eEnergy Group plc’s acquisition of Beond Group Limited, a renewable energy consulting and procurement business.
eEnergy Group plc, a leading “Energy Efficiency-as-a-Service” (EEaaS) business, has acquired Beond Group Limited, a renewable energy consulting and procurement business that helps organisations source zero carbon energy contracts at the most competitive prices.
Beond, based in West London, helps its clients to transition to the lowest cost zero carbon energy available in the market. Working with small businesses to large corporates and public sector organisations it runs competitive reverse auctions through its proprietary technology. This ensures that its clients have access to the lowest prices across the market while achieving their net zero energy ambitions. It offers a Risk Managed service for clients that wish to have access to the energy wholesale markets and implements hedging strategies to help protect against rising market prices.
This acquisition marks the latest step in eEnergy’s strategy to broaden its portfolio of energy services by acquiring complementary energy management businesses which provide strategic growth opportunities.
eEnergy, listed on AIM, is the parent company of eLight and RSL, which help businesses and schools switch to energy-efficient LED lighting for a fixed monthly service fee, avoiding any upfront payments. For customers, the energy savings are greater than the monthly service fee, allowing them to unlock free cash-flow from day one while improving the quality of their lighting and reduce carbon emissions. The customer has no risk as the LED lighting is procured, funded, installed and maintained for them.
PMSI provided customer referencing on the deal and worked closely with both Beond and eEnergy.