AIM IPO of Eneraqua Technologies plc

BDO.LiveSite.Deals.DealTypeTransaction Services
BDO.LiveSite.Deals.IndustryNatural resources & Energy
BDO.LiveSite.Deals.ClientNameEneraqua Technologies plc

BDO advised Eneraqua Technologies plc, a specialist provider of energy and water efficiency solutions, on the admission of its entire issued and to be issued ordinary share capital to trading on the AIM market of the London Stock Exchange. 

Eneraqua Technologies has received London Stock Exchange’s Green Economy Mark. This classification, first introduced in 2019, was created to highlight companies and investment funds listed on all segments of London Stock Exchange’s Main Market and AIM that are driving the global green economy.

The Group comprises an Energy division and a Water division. Energy 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.  

BDO acted as reporting accountant for the IPO.

The team at BDO were a pleasure to work with, ensuring that the financial aspects of the process were navigated in a calm and re-assuring manner despite a large number of plates being spun at various times in the transaction. I would be happy to work with them again and would have no hesitation in recommending them to anyone else thinking of an IPO.

Iain Richardson, CFO