European Green Transition reports strong start to 2026
By Josh White
Date: Thursday 09 Apr 2026
(Sharecast News) - European Green Transition reported a strong start to 2026 on Thursday, following its recent fundraise and acquisition of a wind energy services business, citing growing demand for turbine repowering driven by supportive UK policy.
The AIM-traded company said its Wind Energy Services division, operating under the Earthmill Maintenance, Silverford Engineering and Wind Energy Partnership brands, had seen increased customer engagement, contract wins and project delivery since the lifting of effective planning restrictions on onshore wind in summer 2025.
As at 31 March, the group's repowering pipeline included 55 signed heads of terms, 25 planning approvals and 13 projects with commencements and deposits received, while three repowering projects have been completed to date.
The firm said it expected to expand the number of signed agreements further in the second quarter, alongside increased operational delivery.
European Green Transition said it was currently engaged with around 280 qualified prospects across a base of approximately 900 turbines.
With a typical contract value of about £450,000, it said that represented a potential revenue opportunity of £126m.
It added that demand was being driven by industrial energy users seeking greater energy security amid ongoing geopolitical volatility and elevated energy costs.
The company said it had strong visibility over near- and medium-term revenue, in line with expectations for significant growth in 2026 and beyond.
It highlighted continued government support for onshore wind, including ambitions to double UK capacity by 2030 and proposals to ease planning rules for small-scale turbines, which were expected to accelerate adoption of distributed energy solutions.
European Green Transition added that more than half of the UK's existing onshore wind capacity was expected to face repowering decisions by 2035, providing a long-term structural growth opportunity aligned with its strategy.
"We have started 2026 with strong momentum, supported by an expanding repowering pipeline and increasing customer activity," said Dave Broadbank, managing director of the Wind Energy Services business.
"In an environment where energy security is a growing priority for us all, demand for onshore wind and repowering solutions continues to build.
"With supportive policy tailwinds and clear visibility over future projects, we are confident in our ability to deliver significant growth in 2026 and beyond and of reaching our medium-term target of £50m group revenue and double-digit EBITDA margin."
At 1519 BST, shares in European Green Transition were up 26.18% at 8.99p.
Reporting by Josh White for Sharecast.com.
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