New improved and energy-efficient street lighting across the boroughs
Skanska has, as part of a 50/50 consortium with John Laing, to renew and upgrade Croydon and Lewisham’s Street Lighting. During five years about 38,000 street lights and 8,000 street signs and bollards will be replaced over the boroughs. Also 4,000 street lights will be refurbished.
The Skanska-Laing consortium will be responsible for the design, build, finance and operation of lighting columns and illuminated street furniture for a period of 25 years. The clients for the project are the London Boroughs of Croydon and Lewisham.
This is the second street lighting project under the British PFI-program (Private Finance Initiative) that the consortium is involved in, following financial close of the Surrey Street Lighting project at the end of 2009.