Panmure Liberum acted as Joint Bookrunner and Joint Broker on Inspired Plc’s fundraise for up to £28.25 million

Inspired provides market-leading commercial energy and sustainability advisory services to help clients to manage and benefit from the transition to net-zero. The Company’s services range from utility data management and procurement to consumption reduction and intelligent ESG strategies. Inspired offers a full range of integrated sustainability solutions through the Company’s four divisions. The Board believes that the Fundraise, the net proceeds of which will be used to strengthen the Company's balance sheet. Inspired has a significant opportunity in its Optimisation division with a pipeline consisting of projects to reduce energy consumption and carbon emissions for c.130 customers, representing a revenue value of c.£165m and a potential gross margin contribution of c.£58m. This opportunity requires working capital investment, particularly in periods of high growth which is expected to occur in 2025. The Fundraise is subject to approval at a shareholder meeting with admission and settlement of the new shares expected on 8 January 2025.