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Energy & Resources

Sparks

Earnz (AIM:EARN) wins £1.2m Bradford energy contract
Published by Finlay Mathers

Earnz, the energy services company, has secured a one-year £1.2m contract with partner Equans to deliver insulation, ventilation and renewable energy solutions to 92 privately owned homes in Bradford. Earnz has established a new subsidiary, Warm Low Living Ltd, to execute the project, which forms part of Bradford City Council’s £7.1m Warm Homes initiative funded by government grants.

What’s going on here?

Earnz won the contract via sustainable regeneration specialist Equans, which received the award from Bradford City Council under the Warm Homes: Local Authority Grant programme. The project targets energy efficiency improvements in private homes across Bradford, West Yorkshire. Further contract phases are expected over the next two years, with the total programme worth up to £7.1m. Earnz created the Yorkshire-based subsidiary Warm Low Living Ltd specifically for this work, with existing group company A&D Carbon Solutions Ltd also participating in delivery.

What does this mean?

The contract represents Earnz’s expansion into local authority-backed energy efficiency programmes, positioning the group to capitalise on government decarbonisation initiatives. The collaboration between two group subsidiaries demonstrates operational synergies within Earnz’s portfolio. The phased structure provides potential for sustained revenue over multiple years, assuming successful delivery of the initial phase and continued government funding.

Why should I care?

For investors, the contract validates Earnz’s strategy of targeting government-backed decarbonisation projects. The £1.2m initial value represents material revenue for the AIM-listed company, with the potential £7.1m total programme offering significant medium-term visibility. The creation of a dedicated subsidiary indicates management confidence in securing additional work in this sector. Success in delivering this project could position Earnz for similar local authority contracts as the UK government accelerates home energy efficiency programmes.

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