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LONDON (Alliance News) - Sabien Technology Group PLC said Monday that it has won a contract from Lincolnshire County Council to deploy its M2G Boiler Optimisation Technology into its estate for an estimated GBP2.2 million.
Sabien Technology provides technology for the reduction of carbon emissions and energy usage, its shares were trading up 10.7% at 31.00 pence Monday morning . It anticipates the programme will be completed by September 2017, and will commence its first phase in October 2013 with 70 schools as part of LCC Eco-Schools framework, which seeks to support schools in reducing their energy costs and carbon emissions.
LCC will offer installation of the technologies in its schools at no charge.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
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