European Green Transition PLC

("EGT", or the "Company")

EGT increases its interest in Anemos Analytics

13 May 2026 – European Green Transition plc (AIM: EGT), a company operating in the critical infrastructure sector, announce that it has entered into an agreement to acquire a further 27% of Anemos Analytics Ltd ("Anemos"), increasing its total interest in Anemos from 52% to 79%.

Strategic rationale

Anemos is a Scotland-based condition monitoring software technology provider, specialising in predictive maintenance solutions for the wind energy sector. The business addresses a well-defined and growing structural challenge; as wind fleets age, the risk of critical component failure increases materially.

Anemos' technology provides 24/7 real-time condition monitoring using tri-axial sensors and high-frequency data capture, enabling the early detection of turbine component degradation. This allows operators to take proactive, preventative action, including optimised maintenance scheduling and timely component replacement, helping to reduce unplanned downtime, revenue loss and emergency repair costs.

The platform directly supports EGT's O&M capabilities. Identified issues can be acted upon by EGT's subsidiary, Earthmill, which delivers maintenance and repair response. Following the recent integration of both Anemos and Earthmill into the EGT Group, the Board has identified a number of revenue and cost synergies across the Group to streamline operations.

EGT increases Anemos Stake

EGT acquired an initial 52% interest in Anemos in February 2026, on a debt-free, cash-free basis, as part of its acquisition of the Wind Energy Services group from the liquidators of Arena Capital Partners ("ACP"). ACP had entered insolvency proceedings in Ireland in September 2025, approximately five months after Anemos commenced trading in April 2025. As part of the acquisition, all historic indebtedness owed by Anemos to ACP was extinguished in full.

The Wind Energy Services business acquired by EGT generated approximately £14.7 million of revenue (2024: approximately £14.4 million) and approximately £0.9 million adjusted EBITDA (2024: approximately £1.5 million) for the financial year ended 31 December 2025 (unaudited) across contracted and recurring operating and maintenance, repairing, repowering projects, and condition-monitoring revenues. Anemos accounted for c.£0.21m of this revenue and an EBITDA loss of c.£0.12m due to a number of one-off business setup costs incurred in its first year of trading.

Following the acquisition, EGT identified that Anemos had been undercapitalised during the liquidation period, resulting in approximately £40,000 of short-term creditor obligations falling overdue. The Board of EGT considered it appropriate to resolve this position promptly and, in doing so, has increased EGT's shareholding in Anemos to 79% through a nominal equity subscription for the provision of an intercompany working capital facility of £40,000. The total financial commitment made by EGT in connection with this increased stake is modest and the Company believes it represents a highly attractive deployment of capital given EGT's existing operational involvement in the business and its conviction in Anemos' growth trajectory.

EGT is actively integrating Anemos within its broader Wind Energy Services business, providing Anemos with critical operational infrastructure, business development capability and strategic oversight as the business aims to enter an accelerated phase of commercial growth.

Outlook

Anemos commenced trading just over 12 months ago and since inception, the business has achieved significant commercial traction, and is now installed and operational on 119 turbines across the UK. Each monitoring contract is structured on a five-year term, generating contracted recurring revenue and providing both Anemos and EGT with a high degree of forward revenue visibility. Anemos has contracts in place for the installation of its technology across a further 11 turbines in the near term and has built a robust pipeline of new opportunities across the UK.

EGT believes there is a compelling growth opportunity for Anemos across the UK onshore wind sector and that it is well positioned to capitalise on this in the years ahead. EGT works in close partnership with Anemos' co-founders, Simone Lorenzi and Graham Martin, as they lead the business through its next phase of expansion, growing the onshore wind client base while also pursuing opportunities in adjacent markets, including larger wind assets, hydropower, shipping and other industrial applications.

Cathal Friel, Co-founder and Executive Chair of EGT said: "Since acquiring our initial stake in Anemos earlier this year, we have been highly encouraged by the strength of its technology, early commercial traction and the clear strategic fit within our Wind Energy Services business. Increasing our ownership to 79% reflects our belief in the growth potential we see across the onshore wind market and the value we see in further integrating Anemos' predictive analytics capability with Earthmill's O&M services. We believe Anemos is well positioned to play a key role in extending the operational life and reliability of ageing wind fleets across the UK, and we look forward to supporting the Anemos team as the business grows across onshore wind and pursues opportunities in adjacent markets such a hydro, shipping and larger wind."

Simone Lorenzi, Managing Director of Anemos said: "EGT's increased investment is a strong endorsement of the progress Anemos has made since launch just over 12 months ago and provides us with a solid platform to accelerate our growth plans. The combination of our monitoring technology with EGT's operational capability, particularly through Earthmill, creates a compelling, end-to-end solution for wind turbine owners and operators. We are seeing growing demand for predictive maintenance solutions as wind assets age and operators look to reduce downtime, optimise performance and maximise revenue. With EGT's support, we are looking forward to continuing our strong growth trajectory and expanding the Anemos technology into other markets."

Enquiries

Notes to Editors

European Green Transition plc (AIM: EGT) is a company focused on acquiring, integrating and optimising revenue-generating and profitable services businesses in the critical infrastructure sector across the UK and Ireland.

In 2026, EGT delivered a significant milestone in this strategy by acquiring an EBITDA profitable operation, maintenance, repairs, and remote monitoring platform business which serves over 900 onshore wind turbines across the UK & Ireland. This platform includes Earthmill, Wind Energy Partnership, Silverford Engineering, and Anemos Analytics.

​The Company's strategy is to deliver sustained organic growth by expanding its service offering, driving operational efficiencies to support margin improvement, and generating strong free cash flow to fund reinvestment and a progressive dividend strategy. EGT is pursuing a disciplined capital allocation policy, including targeting selective bolt-on acquisitions across the critical infrastructure space in the UK, Ireland, and Europe, such as water, energy, roads, and data centres. The Company is also seeking to sell or partner its existing portfolio of non-core mining projects, including the Olserum Rare Earth Element (REE) Project. 

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