Friday 4 July 2008

Energy efficiency specialist Eaga to work with giant

SMALL BUT BEAUTIFUL

EAGA has reached agreement in principle on a £200 million deal with ScottishPower, to deliver the power company's entire carbon emissions reduction target (Cert) obligation.Cert – which came into effect on 1 April and will run until 2011 – is an obligation introduced by the UK government on energy suppliers to reduce carbon emissions from houses.Methods used to improve energy efficiency will include loft and cavity wall insulation, especially for elderly people or those on low income.Eaga already has government contracts to improve energy efficiency in people's homes, including the Warm Front programme in England and Home Energy Efficiency Scheme in Wales.It also holds a contract with the BBC to run its digital switchover help scheme. Eaga, which has a market cap of about £250m, has an office in Livingston and depots in Inverness and Perth. John Clough, Eaga's chief executive, said: "This ground-breaking partnership with ScottishPower demonstrates our outsourcing capabilities and, as planned, utilises the strong organic growth platform we have built within our installation services".