City Green Light S.r.l.
Business: Public lighting
Investment date: February 2018
Fund: FIEE I
Ownership: 59.30% with the co-investment vehicle IPIN 2E S.p.A.
Board members: 2
City Green Light S.r.l. is the leading private operator in the public lighting sector in Italy with 800,000 lighting points, 100 light tunnels and 1,600 security cameras, with a backlog of orders of just over one billion euros
The structure of the transaction envisaged an initial investment by FIEE I of € 33.2 million and a co-investment by the European Investment Bank of € 25 million.