Cookie settings menu phone search HomepageAbout UsInvesting for a Smarter FutureReducing CO2 by turning the lights on Reducing CO2 by turning the lights on Reducing CO2 by turning the lights on Saving carbon emissions by turning the lights on might sound counter-intuitive, but Pagano & Ascolillo S.p.A. has developed a series of LED streetlighting projects in up to six municipalities of Italy that are incredibly efficient. The Foresight Italian Green Bond Fund issued the €11.7 million project bond to support the design, construction and management of up to 17,000 streetlights in Polla and Giugliano, and in municipalities across Campania, Lazio and Calabria. The retrofit projects cover the development, design, construction and management of the LED street lights. LED street lighting is an established energy efficiency technology providing cheaper, easier to control street lighting. The latest innovation includes the development of remote operation and real-time control systems which allow for managed control of street lighting networks down to an individual lamp. This provides multiple advantages from balancing electricity demand to improved monitoring and fault detection. LED lights are 40% - 60% more efficient than traditional bulbs and last at least four times as long, delivering superior light quality whilst using less energy. Once operational, these projects will be actively monitored for improved efficiency by controlling their usage and brightness according to demand. With the LEDs providing superior lighting quality and burning up less energy the projects are expected to reduce CO2 emissions by around 10,000 tonnes per year. Click here to learn more about how we sustainably invest in infrastructure. Contact Foresight phone Call 020 3667 8100 email Email info@foresightgroup.eu email Leave Feedback investorrelations@foresightgroup.eu Latest from Insight view all 16 November 2021 Unlocking the potential of regional economies through SME investing 09 November 2021 COP26: Gender Day 08 November 2021 COP26: Nature, Adaptation and Resilience ESG White Paper arrow_downward Foresight Group Making Inroads Challenging Preconceptions And Overcoming Barriers To ESG And Sustainable Investment Follow Us Contact +44 (0)20 3667 8100 info@foresightgroup.eu person Our People Useful Links COVID-19 Sitemap Accessibility Terms & Conditions How to Make a Complaint Careers Privacy Policy Cookie Policy Visit Our Other Sites Foresight Group Australia Foresight Group Italy Foresight Solar Fund Limited Foresight Williams Technology ForVEI II Italian Green Bond Fund JLEN PiP Foresight Group, The Shard, 32 London Bridge Street, London, SE1 9SG scroll to top Foresight Group LLP No OC300878 is registered in England and Wales and is authorised and regulated by the Financial Conduct Authority Copyright © Foresight EN 2021