Sabien Technology Group PLC M2G supports Empiric on net zero goals
27 Março 2023 - 03:00AM
RNS Non-Regulatory
TIDMSNT
Sabien Technology Group PLC
27 March 2023
27 March 2023
Sabien Technology Group plc
("Sabien", the "Company" or the "Group")
M2G supports Empiric Student Property plc on net zero goals
Sabien Technology Group plc (AIM:SNT), the company focused on a
green aggregation strategy, today announces that it has completed
an initial project with Empiric Student Property plc (LSE: ESP),
the owner and operator of premium, studio-led student accommodation
across the UK, to help reduce the energy consumption and monitoring
of its property portfolio in line with its strategy to become net
zero by 2033.
Sabien's M2G business, Sabien Technology Ltd, which focuses on
CO2 mitigation devices for commercial boilers, has been working
with its mutual partner, Amber Energy Solutions Ltd, over the last
six months to install equipment across eight properties in
Empiric's portfolio to reduce CO2 emissions .
Empiric Student Property has also adopted Sabien`s M2G cloud
connect solution to support the delivery of energy efficiencies and
cost savings across these properties, as well as the monitoring of
longer-term energy use with the potential for further system
optimisation opportunities.
Richard Parris, Chairman of Sabien, commented:
"Empiric is a valued customer with a highly engaged team. The
Board of Sabien would like to take this opportunity to thank
Empiric for its confidence in our service as it continues to
implement its net-zero strategy. We look forward to growing our
relationship with Empiric, as we do with our other customers,
towards the accomplishment of this vital goal."
Donald Grant, Chief Financial & Sustainability Officer at
Empiric Student Property plc, added:
"We are pleased to be working with the team at M2G as part of
our commitment to delivering our net zero strategy. Following a
promising initial trial, demonstrating cost savings and
efficiencies whilst also reducing emissions, we are now rolling
this out across our wider portfolio of studio-led purpose built
student accommodation."
For Further Information:
Sabien Technology Group plc +44 20 7993 3700
Richard Parris, Executive Chairman Scott.fulton@sabien.com
Scott Fulton, Investor Relations
Allenby Capital Limited (Nominated
Adviser)
John Depasquale / Nick Harriss /
Vivek Bhardwaj +44 203 328 5656
Peterhouse Capital Limited (Broker)
Duncan Vasey / Lucy Williams +44 207 469 0930
Empiric Student Property plc (via
FTI Consulting)
Dido Laurimore 020 3727 1000
Eve Kirmatzis empiric@fticonsulting.com
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