Q2 2026 Wind Energy Services Operational Update
European Green Transition PLC
13 July 2026
European Green Transition PLC
("EGT", or the "Company")
Q2 2026 Wind Energy Services Operational Update
13 July 2026 - European Green Transition plc (AIM: EGT), a company operating in the critical infrastructure sector, provides an operational update on its Wind Energy Services business for the three months ended 30 June 2026 ("Q2").
Following its oversubscribed £7.5 million fundraise and the completion of the acquisition of the Wind Energy Services business, as announced on 25 February 2026, EGT's Wind Energy Services business delivered strong momentum through Q2. Its operating companies - Earthmill Maintenance, Silverford Engineering and Wind Energy Partnership (WEP) - drove robust repowering orderbook growth and strong operational execution throughout Q2.
Repowering Pipeline and Orderbook
The Wind Energy Services business grew its repowering orderbook during Q2, adding 10 new signed heads of terms. The repowering market presents a substantial growth opportunity for EGT, as wind turbine owners look to increase generation, operational performance and asset longevity by upgrading ageing turbines with more efficient technology. The 2025 UK Government reforms to onshore wind policy, which removed planning barriers in England, have driven significantly higher market activity and investment. The Wind Energy Services business has been a clear beneficiary - with growing customer engagement, an expanding pipeline, rising contract awards and higher project delivery - reflecting renewed confidence in the UK's onshore wind sector.
As at 30 June 2026, the repowering orderbook had expanded as follows:
· 10 new repowering heads of terms signed, bringing the total to 65 (Q1-26: 55)
· 5 new planning approvals granted, bringing the total to 30 (Q1-26: 25)
· 7 new project commencements and deposits received, bringing the total to 20 (Q1-26: 13)
· 5 repowers completed, bringing the total to 8 (Q1-26: 3)
The Wind Energy Services business continues to engage with approximately 280 qualified prospects across its c. 900 turbine client base, representing a potential repowering revenue opportunity of £126 million. These prospects are predominantly energy-intensive industrial users seeking greater energy security and supply resilience amid ongoing geopolitical uncertainty and volatile global energy markets.
The O&M Business and Anemos Analytics
The Wind Energy Services' Operations & Maintenance business also saw robust demand, providing servicing, maintenance, remote monitoring and critical-component services across its c. 900 turbine client base. Anemos Analytics, in which EGT holds a 79% interest, continues to see growing engagement with 133 turbines contracted across the UK as owners seek to extend the asset life of ageing turbines, using Anemos' predictive technologies to reduce operating costs and maximise uptime.
The Company will provide a H1-2026 trading update in the coming weeks and looks forward to building on its momentum through Q3 and beyond.
Dave Broadbank, Managing Director of the Wind Energy Services business, said: "The Group has maintained strong momentum in 2026, driven by growing customer engagement, an expanding order book and continued progress across our repowering pipeline. Demand for our services has been strengthened by the increasing focus on energy security, affordability and decarbonisation, while our presence at industry conferences and Royal Shows has generated encouraging new business for us, particularly in repowering.
With a supportive policy backdrop, a healthy pipeline and rising market activity, we remain confident in our growth prospects and continuing to deliver on our strategy."
Enquiries
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European Green Transition plc Cathal Friel, Executive Chair Jack Kelly, CFO |
+44 (0) 208 058 6129 |
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Panmure Liberum - Nominated Adviser & Joint Broker James Sinclair-Ford / Gaya Bhatt Mark Murphy / Rauf Munir |
+ 44 (0) 20 7886 2500 |
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OAK Securities - Joint Broker Jerry Keen / Calvin Man |
+44 (0) 20 3973 3678 +44 (0) 7733 117328 |
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Camarco - Financial PR Billy Clegg / Tilly Butcher / Poppy Hawkins
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+ 44 (0) 20 3757 4980 |
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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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