Contract for gas meter data logging services signed

Marks and Spencer's 2

London, U.K. — (METERING.COM) — March 9, 2007 – Energy Asset Management PLC’s wholly-owned unit Energy Assets Ltd has signed a five-year contract with retailer Marks & Spencer to supply gas meter data logging services. The company will provide M&S with half-hourly gas consumption data on a daily basis, thus identifying energy wastage and helping with cash forecasting.

Energy Assets expects to have installed its data-logging technology in some 200 M&S stores by the end of March. The contract forms part of M&S’ five-year ‘Eco-Plan’ – a drive to make the company’s operations more energy efficient.