REG - European Green Trns. - EGT increases its interest in Anemos Analytics

European Green TransitionAnnouncement

13/05/2026 07:00

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RNS Number : 0576E  European Green Transition PLC  13 May 2026

European Green Transition PLC

("EGT", or the "Company")

EGT increases its interest in Anemos Analytics

13 May 2026 – European Green Transition plc (AIM: EGT), a company operating
in the critical infrastructure sector, announce that it has entered into an
agreement to acquire a further 27% of Anemos Analytics Ltd ("Anemos"),
increasing its total interest in Anemos from 52% to 79%.

Strategic rationale

Anemos is a Scotland-based condition monitoring software technology provider,
specialising in predictive maintenance solutions for the wind energy sector.
The business addresses a well-defined and growing structural challenge; as
wind fleets age, the risk of critical component failure increases materially.

Anemos' technology provides 24/7 real-time condition monitoring using
tri-axial sensors and high-frequency data capture, enabling the early
detection of turbine component degradation. This allows operators to take
proactive, preventative action, including optimised maintenance scheduling and
timely component replacement, helping to reduce unplanned downtime, revenue
loss and emergency repair costs.

The platform directly supports EGT's O&M capabilities. Identified issues
can be acted upon by EGT's subsidiary, Earthmill, which delivers maintenance
and repair response. Following the recent integration of both Anemos and
Earthmill into the EGT Group, the Board has identified a number of revenue and
cost synergies across the Group to streamline operations.

EGT increases Anemos Stake

EGT acquired an initial 52% interest in Anemos in February 2026, on a
debt-free, cash-free basis, as part of its acquisition of the Wind Energy
Services group from the liquidators of Arena Capital Partners ("ACP"). ACP had
entered insolvency proceedings in Ireland in September 2025, approximately
five months after Anemos commenced trading in April 2025. As part of the
acquisition, all historic indebtedness owed by Anemos to ACP was extinguished
in full.

The Wind Energy Services business acquired by EGT generated
approximately £14.7 million of revenue (2024: approximately £14.4
million) and approximately £0.9 million adjusted EBITDA (2024:
approximately £1.5 million) for the financial year ended 31 December
2025 (unaudited) across contracted and recurring operating and maintenance,
repairing, repowering projects, and condition-monitoring revenues. Anemos
accounted for c.£0.21m of this revenue and an EBITDA loss of c.£0.12m due to
a number of one-off business setup costs incurred in its first year of
trading.

Following the acquisition, EGT identified that Anemos had been
undercapitalised during the liquidation period, resulting in approximately
£40,000 of short-term creditor obligations falling overdue. The Board of EGT
considered it appropriate to resolve this position promptly and, in doing so,
has increased EGT's shareholding in Anemos to 79% through a nominal equity
subscription for the provision of an intercompany working capital facility of
£40,000. The total financial commitment made by EGT in connection with this
increased stake is modest and the Company believes it represents a highly
attractive deployment of capital given EGT's existing operational involvement
in the business and its conviction in Anemos' growth trajectory.

EGT is actively integrating Anemos within its broader Wind Energy Services
business, providing Anemos with critical operational infrastructure, business
development capability and strategic oversight as the business aims to enter
an accelerated phase of commercial growth.

Outlook

Anemos commenced trading just over 12 months ago and since inception, the
business has achieved significant commercial traction, and is now installed
and operational on 119 turbines across the UK. Each monitoring contract is
structured on a five-year term, generating contracted recurring revenue and
providing both Anemos and EGT with a high degree of forward revenue
visibility. Anemos has contracts in place for the installation of its
technology across a further 11 turbines in the near term and has built a
robust pipeline of new opportunities across the UK.

EGT believes there is a compelling growth opportunity for Anemos across the UK
onshore wind sector and that it is well positioned to capitalise on this in
the years ahead. EGT works in close partnership with Anemos' co-founders,
Simone Lorenzi and Graham Martin, as they lead the business through its next
phase of expansion, growing the onshore wind client base while also pursuing
opportunities in adjacent markets, including larger wind assets, hydropower,
shipping and other industrial applications.

Cathal Friel, Co-founder and Executive Chair of EGT said: "Since acquiring our
initial stake in Anemos earlier this year, we have been highly encouraged by
the strength of its technology, early commercial traction and the clear
strategic fit within our Wind Energy Services business. Increasing our
ownership to 79% reflects our belief in the growth potential we see across the
onshore wind market and the value we see in further integrating Anemos'
predictive analytics capability with Earthmill's O&M services. We believe
Anemos is well positioned to play a key role in extending the operational life
and reliability of ageing wind fleets across the UK, and we look forward to
supporting the Anemos team as the business grows across onshore wind and
pursues opportunities in adjacent markets such a hydro, shipping and larger
wind."

Simone Lorenzi, Managing Director of Anemos said: "EGT's increased investment
is a strong endorsement of the progress Anemos has made since launch just over
12 months ago and provides us with a solid platform to accelerate our growth
plans. The combination of our monitoring technology with EGT's operational
capability, particularly through Earthmill, creates a compelling, end-to-end
solution for wind turbine owners and operators. We are seeing growing demand
for predictive maintenance solutions as wind assets age and operators look to
reduce downtime, optimise performance and maximise revenue. With EGT's
support, we are looking forward to continuing our strong growth trajectory and
expanding the Anemos technology into other markets."

Enquiries

 

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

 Cathal Friel, Executive Chair

 Jack Kelly, CFO

 Panmure Liberum - Nominated Adviser & Joint Broker      + 44 (0) 20 7886 2500

 James Sinclair-Ford / Gaya Bhatt

 Mark Murphy / Rauf Munir

 OAK Securities - Joint Broker                           +44 (0) 20 3973 3678

 Jerry Keen / Calvin Man                                 +44 (0) 7733 117328

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

 Billy Clegg / Tilly Butcher / Poppy Hawkins             europeangreentransition@camarco.co.uk

 

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.

 

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