Sabien Technology Wins Greenwich Borough Council Contract

LONDON (Dow Jones)-- Sabien Technology Group PLC (SNT.LN), a manufacturer and supplier of M2G, an energy efficiency technology, said Thursday it has been awarded a contract worth GBP256,360 from Greenwich Borough Council to install M2G in 45 buildings. MAIN FACTS: -Company to install M2G in primary schools, secondary schools, council offices and town halls; Contract won following a published tender for boiler load optimization. -Shares on Wednesday closed at 43 pence, valuing the company at GBP13.5 million. -By Tapan Panchal, Dow Jones Newswires. Tel +44(0)207-842 9448, tapan.panchal@dowjones.com (END) Dow Jones Newswires June 24, 2010 02:53 ET (06:53 GMT)