Sabien's M2G technology to be installed across the MOD South East Regional Prime Contract
Sabien Technology is pleased to announce that it has received orders totalling £1.0m to install its M2G boiler load optmisation technology across the MOD South East Regional Prime Contract managed by PriDE, a joint venture between Interserve Defence Ltd and SSE Contracting. Further orders are expected from this customer before the Company's financial year end (30 June 2013).
As Prime Contractor, PriDE is responsible for estate management and construction services at almost 100 MOD sites throughout the south-east region, encompassing nearly 6,000 buildings and facilities.
It is anticipated that a large part of these orders will be recognised as sales revenue during this financial year. Installation work has already started at a number of sites.
Alan O'Brien, Chief Executive of Sabien commented:
"This significant order demonstrates the key role M2G plays in reducing organisations' gas consumption and CO2 emissions and how it can be deployed across large estates. We look forward to working with PriDE to deliver this project"