Eneraqua Technologies PLC Net Water Neutrality Contracts
10 June 2022 - 4:01PM
RNS Non-Regulatory
TIDMETP
Eneraqua Technologies PLC
10 June 2022
RNS Reach
10 June 2022
Eneraqua Technologies plc
("Eneraqua Technologies", the "Company" or the "Group")
Net Water Neutrality Contracts
Water efficiency projects mitigate water stress issues for
developers
Eneraqua Technologies plc, a specialist provider of energy and
water efficiency solutions, is pleased to announce the award of two
English local authority contracts to deliver net water neutrality
pilot programmes.
The contracts will see Eneraqua Technologies' subsidiary,
Cenergist Ltd, supply and install Control Flow HL2024 systems in
existing homes to improve their water efficiency. The water saved
will then offset the water used by new homes built in the areas
thereby addressing local water stress issues.
The Control Flow HL2024 products have proven water savings of up
to 26% in existing homes. This is the first use of Control Flow
HL2024 in a net water neutrality program. Water stress already
affects many areas in the UK and globally and is expected to worsen
with the effects of climate change in the coming years.
Commenting on the awards, Eneraqua Technologies CEO, Mitesh
Dhanak, said: "Control Flow HL2024 is a proven product and we are
delighted that it has been chosen for these water neutrality
programmes. This approach provides a cost-effective solution for
new build homes in water stress areas. As well as the UK, water
stress affects many areas in Europe and internationally."
For more information, please contact:
Eneraqua Technologies plc Via Alma PR
Mitesh Dhanak, CEO www.eneraquatechnologies.com
Iain Richardson, CFO
finnCap Limited - Nominated adviser and
Broker +44(0)20 7220 0500
Ed Frisby / Charlie Beeson - Corporate
Finance
Andrew Burdis / Sunila de Silva - ECM
Alma PR - Financial PR and IR +44(0)20 3405 0205
Justine James / Sam Modlin / Will Ellis eneraqua@almapr.co.uk
Hancock
Notes to editors:
Eneraqua Technologies (AIM:ETP) is a specialist in energy and
water efficiency. The Group has two divisions energy and water
which utilise its wholly owned intellectual property, Control Flow
HL2024. Energy was the first market the Company entered, and this
is the larger division, with the Company focused on clients with
end of life gas, oil or electric heating and hot water systems. The
Group provides turnkey retrofit district or communal heating
systems based either on high-efficiency gas or ground/air source
heat pump solutions that support Net Zero and decarbonisation
goals.
The water division is a growing service offering focused on
water efficiency upgrades for utilities and commercial clients
including hotels and care homes. It has also expanded into agritech
systems.
The activities in both divisions are underpinned by the
Company's wholly-owned intellectual property, the Control Flow
HL2024 family of products which reduce water wastage and improve
the performance of heating and hot water systems.
The Company's main country of operation is the United Kingdom.
The Company's head office is in London with additional offices in
Leeds, Washington (Sunderland), India, Spain and the Netherlands.
The Company has 116 employees, with the majority employed within
the UK. Eneraqua Technologies has received the London Stock
Exchange's Green Economy Mark.
To find out more, please visit: www.eneraquatechnologies.com
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