# Eaga

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{{Use dmy dates|date=April 2022}}
{{Infobox company
| name             = Eaga
| logo             = Eaga logo.svg
| type             = [Public](/source/Public_company) ({{lse|EAGA}})
| genre            = 
| fate             = Bought by [Carillion](/source/Carillion)
| predecessor      = 
| successor        = 
| foundation       = 1990
| founder          = 
| defunct          = 2011
| location_city    = [Newcastle upon Tyne](/source/Newcastle_upon_Tyne)
| location_country = [UK](/source/United_Kingdom)
| location         = 
| locations        = 
| area_served      = 
| key_people       = Charles Berry, [Chairman](/source/Chair_(official)) <br /> Drew Johnson, [CEO](/source/CEO)
| industry         = [Energy](/source/Energy)
| products         = 
| services         = 
| revenue          = [£](/source/Pound_sterling)762.2 million (2010)<ref name=AR>[http://www.carillionenergy.com/sites/default/files/Annual_Report2010.pdf Annual Report 2010]</ref>
| operating_income = [£](/source/Pound_sterling)42.4 million (2010)<ref name=AR/>
| net_income       = [£](/source/Pound_sterling)29.6 million (2010)<ref name=AR/>
| aum              = 
| assets           = 
| equity           = 
| owner            = 
| num_employees    = 
| parent           = 
| divisions        = 
| subsid           = 
| homepage         = [http://www.eaga.com www.eaga.com]
| footnotes        = 
}}

'''Eaga plc''' was a British company supplying [energy](/source/energy) [efficiency](/source/Efficient_energy_use) products. It was headquartered in [Newcastle upon Tyne](/source/Newcastle_upon_Tyne). In April 2011 it was acquired by [Carillion](/source/Carillion).

== History ==
The business was founded in 1990 in [Newcastle upon Tyne](/source/Newcastle_upon_Tyne) as the Energy Action Grants Agency ('EAGA') Partnership<ref>[http://www.dlf-data.org.uk/contact_detail.php?contact_id=2406 Energy Action Grants Agency Partnership]{{Dead link|date=August 2019 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> to administer the Home Energy Efficiency Scheme in the local area.<ref name=history>{{Cite web |url=http://www.eaga.com/about/history.htm |title=Eaga: History |access-date=2009-08-08 |archive-url=https://web.archive.org/web/20080703195221/http://www.eaga.com/about/history.htm |archive-date=2008-07-03 |url-status=dead }}</ref> In 2000 it was restructured to become an employee owned business.<ref name=history/> In 2005 it acquired Millfold<ref name=history/> and in 2006 it acquired Everwarm and established HEAT.<ref name=history/> It was first listed on the [London Stock Exchange](/source/London_Stock_Exchange) in 2007 following a £450 million [initial public offering](/source/initial_public_offering).<ref>{{cite web |url=https://www.heraldscotland.com/berry-lands-windfall-from-eaga-float-1.859319 |title=Berry lands windfall from Eaga float |publisher=Scottish Herald |date=2007-06-08 |accessdate=2011-06-01}}</ref>

In 2008 the [BBC](/source/British_Broadcasting_Corporation) appointed Eaga its preferred supplier for the Digital Switchover Help Scheme.<ref>{{cite web |url=https://www.bbc.co.uk/pressoffice/pressreleases/stories/2008/02_february/11/help.shtml |title=BBC appoints Eaga as the preferred supplier to the Digital Switchover Help Scheme |publisher=BBC |date=2008-02-11 |access-date=2008-10-08}}</ref>

In 2010 Eaga moved a number of their Newcastle staff to [Partnership House](/source/Partnership_House) in [Gosforth](/source/Gosforth), a building built by the troubled [Northern Rock](/source/Northern_Rock) bank, and purchased by [Newcastle City Council](/source/Newcastle_City_Council).<ref>{{cite web|url=http://www.eaga.com/media/news/new-offices-eaga |title=New offices for Eaga |publisher=eaga |date=2009-04-22 |accessdate=2009-04-23 |url-status=dead |archiveurl=https://web.archive.org/web/20101227102801/http://www.eaga.com/media/news/new-offices-eaga |archivedate=2010-12-27 }}</ref>  In December 2010 Eaga announced that it would be cutting 700 jobs across the country due to government cutbacks in the Warm Front grant.<ref>{{cite web |url=https://www.chroniclelive.co.uk/north-east-news/evening-chronicle-news/2010/12/14/tyneside-firm-eaga-reveals-major-job-cuts-72703-27822872/ |title=Tyneside firm Eaga reveals major job cuts|publisher=Evening Chronicle |date=2010-12-14 |accessdate=2011-01-02}}</ref>

In April 2011 it was acquired by [Carillion](/source/Carillion) for £306 million.<ref>{{cite web |url=https://www.telegraph.co.uk/finance/newsbysector/energy/8319284/Carillion-buys-Eaga-for-300m-in-bet-on-green-home-revolution.html|title=Carillion buys Eaga for £300m in bet on 'green home' revolution|publisher=Daily Telegraph |date=2011-02-12 |accessdate=2011-11-21}}</ref> The Eaga name subsequently disappeared as the business took on the Carillion Energy Services brand.<ref>{{cite web|url=http://www.thejournal.co.uk/business/business-news/carillion-energy-services-boosts-owners-4421031|title=Carillion Energy Services boosts owner's profits|publisher=The Journal|date=25 June 2013|accessdate=20 January 2018|archive-date=21 January 2018|archive-url=https://web.archive.org/web/20180121071812/http://www.thejournal.co.uk/business/business-news/carillion-energy-services-boosts-owners-4421031|url-status=dead}}</ref>

== Operations ==
The Company was organised into the following segments:<ref>{{cite web|url=http://ww7.global3digital.com/exreport/pdfs/viewer.jsp?ref=26&page=58&zoom=std&view=list&layout=single#57|title=iReport - 6 - Annual Report 2010|work=global3digital.com|accessdate=15 March 2015|archive-date=2 April 2015|archive-url=https://web.archive.org/web/20150402095156/http://ww7.global3digital.com/exreport/pdfs/viewer.jsp?ref=26&page=58&zoom=std&view=list&layout=single#57|url-status=dead}}</ref>
* Carbon services
* Heating & renewables
* Managed services

== References ==
{{reflist}}

== External links ==
* [http://www.eaga.com Official site] (now redirects to Carillion)

Category:Companies based in Newcastle upon Tyne
Category:Manufacturing companies established in 1990
Category:1990 establishments in England
Category:Manufacturing companies disestablished in 2011
Category:2011 disestablishments in England
Category:2011 mergers and acquisitions

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Adapted from the Wikipedia article [Eaga](https://en.wikipedia.org/wiki/Eaga) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Eaga?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.