Sabien Technology awarded new contract by unnamed Scottish client

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Sabien Technology Group, the manufacturer and supplier of M1G and M2G commercial boiler energy efficiency technologies, announced on Thursday that it has been awarded a new contract, as principal contractor and supplier for the installation of its M2G product, of £0.15m.

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The AIM-traded firm said the order would be recognised as sales revenue during the first quarter of the financial year ending 30 June 2019.

It said the unnamed client, based in Scotland, awarded the contract after piloting M2G in its property estate in its 2018 financial year.

“This is a very pleasing new contract win for Sabien and an excellent demonstration of the quality of our M2G boiler control, scale of installation expertise and the project management that Sabien can bring to a contract of this type, utilising skills gathered from previous large-scale client M2G roll out programmes,” said chief executive Alan O'Brien.