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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Good Energy Group PLC    GOOD   GB0033600353

GOOD ENERGY GROUP PLC

(GOOD)
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Good Energy : and ENSEK partner to accelerate renewable energy supply for businesses

10/27/2020 | 05:25am EST

ENSEK, the leading software supplier to UK energy providers, is today announcing that 100% renewable power company Good Energy is moving its entire B2B supply business onto ENSEK's Ignition platform.

The move will enhance customer experience and support the launch of new services for Good Energy's business customers. The partnership is the latest investment from Good Energy into new products to support businesses tackle climate change.

Good Energy is one of the UK's leading renewable energy suppliers, providing 100% renewable electricity and carbon neutral gas to businesses and homes across the country. ENSEK's Ignition platform will enable Good Energy to service a large range of electricity and gas customers; from small businesses to large industrial consumers, with greater speed and more accuracy.

The partnership will see Good Energy use a new customer portal for its B2B customers, which will provide a fully digital, self-serve experience, allowing customers to actively manage their account without needing to speak to anyone.

Randall Bowen, Chief Commercial Officer at Good Energy, said:

'We're committed to investing in new digital technologies to support businesses on the road to zero-emissions. ENSEK's Ignition platform allows us to do just that, providing both the flexibility and efficiency to serve a large range of business customers. This new investment will mean a higher standard of customer experience and enable Good Energy to grow its new clean energy services to businesses which want to benefit from renewables.'

Good Energy will use ENSEK's highly automated software as a service platform to better focus on its SME and Industrial & Commercial customers' needs. ENSEK's feature-rich platform simplifies the experience by providing a single customer view; from complex billing and pricing to import and PPA. The platform will increase Good Energy's ability to work with brokers, boost growth, and improve the overall digital experience.

'Providing a scalable and future-proof digital platform for Good Energy will mean more businesses can reach their sustainability goals,' added Jon Slade, CEO of ENSEK. 'We've invested heavily in our SME and I&C capability over the last few years and are proud to support Good Energy on their sustainability journey.'

About ENSEK

ENSEK is on a mission to remove the complexity of the energy industry and let suppliers focus on what really matters - their customers. Its Software as a Service platform, Ignition, provides the tools and outsourced managed service required for energy suppliers across B2C, B2B and I&C markets to enable the reduction in an energy supplier's cost to serve, whilst increasing customer satisfaction.

ENSEK provides products and services for over 30 customers in the UK and internationally, including Centrica, Eneco and Utility Warehouse. For more information, visit: https://ensek.com/

Disclaimer

Good Energy Group plc published this content on 27 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 October 2020 10:24:05 UTC


© Publicnow 2020
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Financials
Sales 2020 129 M 173 M 173 M
Net income 2020 -1,90 M -2,54 M -2,54 M
Net Debt 2020 37,9 M 50,7 M 50,7 M
P/E ratio 2020 -15,6x
Yield 2020 2,12%
Capitalization 30,0 M 40,0 M 40,1 M
EV / Sales 2020 0,53x
EV / Sales 2021 0,49x
Nbr of Employees 284
Free-Float 46,1%
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Number of Analysts 2
Average target price 300,00 GBX
Last Close Price 184,00 GBX
Spread / Highest target 104%
Spread / Average Target 63,0%
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Juliet Sarah Loveday Davenport Chief Executive Officer & Executive Director
William Elliot Whitehorn Chairman
Rupert Sanderson Chief Financial Officer & Executive Director
Emma N. Tinker Independent Non-Executive Director
Timothy Jones Independent Non-Executive Director
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