Haydale (AIM:HAYD) bumped higher, with shares up 7.7% to 0.35p, after expanding its SaveMoneyCutCarbon (SMCC) agreement with Lloyds Banking Group into a national SME roll-out.
Haydale, the advanced materials and clean-technology group, said the expanded deal enables SMCC to deliver its end-to-end Sustainability-as-a-Service proposition-covering energy, water and carbon solutions including energy efficiency, JustHeat, renewables and EV infrastructure-to SMEs and commercial landlords.
The agreement materially scales SMCC's Impact Partner model of long-term arrangements with financial institutions and is expected to contribute to SMCC's growth in FY26 and beyond by converting programme delivery into recurring, multi-year revenues.
The model is repeatable across partners and establishes a scalable pipeline that the company says has the potential to support multi-partner deployment across tens of thousands of sites.
"This is the model that drives repeatable revenue at scale, with programmes expected to convert into recurring, programme-based revenues over time," Simon Turek, CEO of Haydale, said.
National launch is targeted for June 2026.