Highlights

  • Eco Buildings expects an initial EUR 1.75 million deposit in February 2026.
  • Senegal production planning will be aligned with confirmed residential construction commitments.
  • Final production line configuration will depend on contracted housing project volumes.

Eco Buildings Group PLC (LSE:ECOB), a UK-listed modular construction company, has provided an update on the payment timeline related to its joint venture in Senegal with G2 Invest Group.

The Company stated that it now anticipates receiving the initial deposit of EUR 1.75 million from G2 Invest in mid-February 2026. This payment forms part of the agreed funding framework for the Senegal joint venture and represents a scheduled financial step in progressing the collaboration.

Updated Funding Schedule
The revised timing reflects the current status of preparations associated with the joint venture. The initial deposit is intended to support the establishment and operational planning of modular construction activities in Senegal. Eco Buildings indicated that the expected receipt date has been adjusted, with further updates to be provided as developments occur.

Project Alignment on the Ground
Alongside the funding update, Eco Buildings confirmed that it is actively working to secure additional residential construction projects within Senegal. These projects are expected to provide clearer visibility on housing demand under the joint venture framework.

The Company noted that the scale and volume of confirmed housing commitments will play a central role in determining how the joint venture’s production infrastructure is configured. This includes decisions around the number of modular production lines to be deployed locally.

Production Configuration Dependent on Demand
According to the update, Eco Buildings intends to align capital deployment with contracted demand. The Company stated that this approach is designed to ensure that operational capacity corresponds directly with secured construction projects rather than projected volumes.

As a result, the final configuration of production lines under the Senegal joint venture remains subject to the confirmation of residential project pipelines. The Company emphasized that this process remains ongoing, with assessments continuing as additional construction commitments are evaluated.

Next Steps and Further Updates
Eco Buildings indicated that further announcements will be made as appropriate, particularly as housing project commitments are confirmed and as progress is made toward the revised deposit timeline.

Share Price Snapshot
ECOB was trading at GBX 16.35 per share as of 31 December 2025