GIB invests £10m in largest non-PFI streetlighting project

The Green Investment Bank’s latest project is a £10m loan for the largest non-PFI low carbon street-lighting conversion to date

GIB's £10m loan will help shave 60% from streetlighting power usage. Photograph: 123RFThe Green Investment Bank (GIB) has announced a £10.2m loan to part-fund the largest non-private finance initiative low-carbon street-lighting project in the UK to date.

The loan to Kent County Council, announced on 24 October, together with funding from Salyx Finance will enable the £40m streetlight conversion programme to go ahead

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