Projects

Street lighting using LED technology

Street lighting using LED technology

Project cost

10,0–60,0 mln €

Project goal

In 2015, the decision of the session of the Odesa City Council decided to determine an additional area of economic activity.

Communal property rights may be granted in concession.

Project goals:

- Providing quality street lighting according to European standards

- Reduction of budget expenses for 1 light point and maintenance of street lighting objects (approximately 42,000 lamps)

- Reduction of energy consumption

- Reduction of emissions into the environment

Financial conditions

Crediting / grants / city budget — the city is involved in implementation
investments / joint activity of the enterprise — the investor is involved in implementation.

Expected result

For the city: reduction of budget expenditures for electricity bills
For the investor:
making a profit under the concession agreement

Interested in funding this project?

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