(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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AIM - WINNERS

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eEnergy Group PLC, up 30% at 8.60 pence, 12-month range 2.50p-9.82p. The net-zero energy services provider says it has entered into an agreement with National Westminster Bank PLC to provide up to GBP40 million of project funding to finance energy efficiency and onsite generation technologies for the company's public sector customers. "The facility has been designed exclusively for the funding of public sector energy transition projects across the full range of eEnergy products. The facility will be deployed through a newly-formed special purpose vehicle owned by eEnergy, with eEnergy becoming the operator and retaining ownership and interest in the economics of each completed project," eEnergy explains. The facility is available for a period of 12 years with investment planned over the first 24 months. "What is particularly exciting about this new Facility is its innovative structure which will lower our cost of capital and also provide us with longer-term economic upside on each project," says Chief Executive Harvey Sinclair. "We look forward to this new relationship with NatWest which we hope is a start of a much longer-term relationship given the opportunities available."

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AIM - LOSERS

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Molecular Energies PLC, down 21% at 21.70p, 12-month range 16.35p-144.16p. The Argentina and US-focused oil and gas production company says the Paraguay exploration well Tapir x-1 has been suspended due to tough drilling conditions without reaching the target zone. The drilling rig has been retained on site pending further decision by the participants, taking into account the risk-reward ratio of the well, it notes. Chair Peter Levine says: "The result of the Tapir x-1 well, whilst disappointing, is not surprising given it is the frontier exploration. Sometimes it is the better decision in tough drilling conditions to make a bold resolution to suspend rather than continuing in escalating cumulative down hole issues, especially taking into account the risk-reward ratio."

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By Sophie Rose, Alliance News senior reporter

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