Scottish & Southern Energy PLC
04 April 2006
SCOTTISH AND SOUTHERN ENERGY PLC
25 YEAR STREET LIGHTING CONTRACT
Further to the announcement issued on 10th February, Tay Valley Lighting, a
joint venture between Scottish and Southern Energy plc (SSE) and The Royal Bank
of Scotland plc, has been named as the contractor appointed by Leeds City
Council to replace and maintain street lighting throughout the City of Leeds.
Southern Electric Contracting will deliver the project under a 25-year Private
Finance Initiative (PFI), with replacement work beginning in July 2006.
Leeds City Council will spend £100 million over the next five years in the
largest investment contract of its kind in the country. Eighty percent of its
ageing lighting stock (over 80,000 in total) will be replaced with
state-of-the-art white lights, making the city's streets brighter, safer and
more energy efficient.
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