VILNIUS
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RENEWAL AND MAINTENANCE OF STREET LIGHTING IN VILNIUS Owner: Vilnius City Municipality Summary: City Municipality intends to announce a tender to select an investor for renovating the street lighting system using its own and borrowed funds, and operate it for 15 years after its renovation. City is looking for possibilities to switch to LED-based technological solutions, which would mean the investment of approximately 25.3 million Euros Investment Highlights: PFI Investment volume – over 37 million Euro Investment period – 4 years Term of Agreement – 19 years Almost 37000 street lights Streets lighted – almost 700 km Almost 600 power supply units Key Facts: Scientific feasibility study prepared in 2010 Outline business case will be prepared at the end of 2011 Location – Vilnius City Contacts: Mrs. Rasa Cibulskiene Head of Investment Projects Division Economic and Investment Department Konstitucijos ave. 3, LT 09601 Vilnius, Lithuania Mob. +370 613 23 954 Fax +370 5 211 22 65 [email protected] , www.vilnius.lt VILNIUS www.development. lt
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RENEWAL AND MAINTENANCE OF STREET LIGHTING IN VILNIUS
Owner: Vilnius City Municipality
Summary: City Municipality intends to announce a tender to select an investor for renovating the street lighting system using its own and borrowed funds, and operate it for 15 years after its renovation. City is looking for possibilities to switch to LED-based technological solutions, which would mean the investment of approximately 25.3 million Euros
Investment Highlights: PFI Investment volume – over 37 million Euro Investment period – 4 years Term of Agreement – 19 years Almost 37000 street lights Streets lighted – almost 700 km Almost 600 power supply units
Key Facts: Scientific feasibility study prepared in 2010 Outline business case will be prepared at the end of 2011 Location – Vilnius City
Contacts: Mrs. Rasa CibulskieneHead of Investment Projects DivisionEconomic and Investment DepartmentKonstitucijos ave. 3, LT 09601 Vilnius, LithuaniaMob. +370 613 23 954Fax +370 5 211 22 [email protected] , www.vilnius.lt
VILNIUS www.development.lt
