RCS - European Green Trns. - UK proposals to increase onshore wind capacity

European Green TransitionAnnouncement

Mon 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260323:nRSW5752Xa&default-theme=true

RNS Number : 5752X  European Green Transition PLC  23 March 2026

European Green Transition PLC

("EGT", or the "Company")

UK government proposals to increase onshore wind capacity

European Green Transition plc (AIM: EGT), a company focused on acquiring,
integrating and optimising revenue-generating and profitable services
businesses in the critical infrastructure sector, notes the UK Government's
announcement on 18 March 2026
(https://www.gov.uk/government/news/lower-bills-for-farmers-schools-and-factories)
outlining proposals to enable farmers, schools and industrial users to install
small onshore wind turbines without the need for planning permission.

The proposals are designed to reduce barriers to access distributed wind
energy, allowing organisations to lower energy costs and accelerate the
adoption of clean, domestically generated power. EGT believes the proposed
policy direction strongly supports its strategy of building a scalable
platform of operations, maintenance, repair and monitoring ("O&M")
services for onshore wind turbines. As announced on 25 February 2026, EGT
acquired Earthmill Maintenance, Wind Energy Partnership (WEP) and Silverford
Engineering, an established, EBITDA-profitable wind turbine O&M platform
operating across the UK and Ireland, servicing more than 900 turbines and
generating approximately £14.7 million in revenue in FY2025.

The UK Government highlighted that onshore wind remains one of the cheapest
and fastest energy technologies to deploy, and that removing planning barriers
will accelerate adoption and reduce exposure to volatile fossil fuel prices.
The Company has extensive experience installing small and medium wind turbines
across the UK and expects that these proposals would increase the number of
onshore wind turbines to be installed across the UK. This opportunity has the
potential to complement the Company's repowering pipeline. It would enable
prospective repowering customers to monetise existing turbine assets through
sales to farmers, educational institutions and industrial users seeking to
deploy small-scale wind solutions in line with the Government's proposals,
thereby offsetting overall repowering costs.

Furthermore, the implementation of these proposals is expected to drive
increased demand for operations and maintenance services across the UK.

Cathal Friel, Executive Chair of European Green Transition said: "We welcome
the UK Government's proposals to accelerate the rollout of small-scale onshore
wind. Against a backdrop of heightened global market volatility, investment in
domestically generated clean energy can provide households and businesses
greater cost certainty and energy security. Removing planning barriers is a
highly practical step that should unlock significant deployment across farms,
schools and industrial users and Earthmill, WEP and Silverford have a strong
track record of installing small and medium onshore wind turbines across the
UK.

 This proposal complements our repowering orderbook and pipeline and is
directly aligned with our strategy following the recent acquisition of the
O&M Business. As the number of onshore wind turbines grows, so too does
the requirement for high-quality operations, maintenance, repair and remote
monitoring services. Supported by our recent conditional fundraise, we are
well positioned to scale our platform and achieve our medium-term target of
£50 million revenue and double-digit EBITDA margin."

 

 Enquiries

 

 European Green Transition plc   +44 (0) 208 058 6129

 Cathal Friel, Executive Chair

 Jack Kelly, CFO

 Camarco - Financial PR          + 44 (0) 20 3757 4980

 Billy Clegg, Elfie Kent,        europeangreentransition@camarco.co.uk

Lily Pettifar, Poppy Hawkins

 

Notes to Editors

European Green Transition plc (AIM: EGT) is a company focused on acquiring,
integrating and optimising revenue-generating and profitable services
businesses in the critical infrastructure sector across the UK and Ireland.

 

In 2026, EGT delivered a significant milestone in this strategy by acquiring
an EBITDA profitable operation, maintenance, repairs, and remote monitoring
platform business which serves over 900 onshore wind turbines across the UK
& Ireland. This platform includes Earthmill, Wind Energy
Partnership, Silverford Engineering, and Anemos Analytics.

 

The Company's strategy is to deliver sustained organic growth by expanding its
service offering, driving operational efficiencies to support margin
improvement, and generating strong free cash flow to fund reinvestment and a
progressive dividend strategy. EGT is pursuing a disciplined capital
allocation policy, including targeting selective bolt-on acquisitions across
the critical infrastructure space in the UK, Ireland, and Europe, such as
water, energy, roads, and data centres. The Company is also seeking to sell or
partner its existing portfolio of non-core mining projects, including the
Olserum Rare Earth Element (REE) Project.

 

Stay updated: Website (https://www.europeangreentransition.com/)  | Sign up
for RNS alerts
(https://www.europeangreentransition.com/investors/regulatory-news-alerts/)
 | X (https://twitter.com/EuropeanGreenT)  | LinkedIn
(https://www.linkedin.com/company/european-green-metals-ltd)

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRABCGDXXBDDGLG



            Copyright 2019 Regulatory News Service, all rights reserved