European Green Transition Secures Five-Year Drax Contract
@StockBoxMedia speaks to Jack Kelly, CFO of
@EuropeanGreenT (AIM: EGT), following the company’s five-year operations and maintenance contract renewal with Drax Group.
Watch below ⬇️
piped.video/watch?v=hC2SDWbg…
➡️ Five-year Drax renewal – EGT’s Wind Services business has renewed its O&M agreement with Drax Group, covering approximately 94 onshore wind turbines and providing recurring contracted revenue visibility through 2031.
➡️ Scale and technical capability – The contract spans multiple turbine technologies, including Vestas, Endurance and WTN, highlighting EGT’s ability to service diverse wind assets across Great Britain and Northern Ireland.
➡️ Growth opportunity and guidance – EGT sees a growing opportunity as warranties expire across the UK’s ageing wind fleet, while reaffirming £17m–£18m of Wind Services revenue guidance for 2026.