International Finance Corporation (IFC) has signed a contract for the Public lighting public-private partnership (PPP) project in Campinas, Brazil.
The project involves the modernization, expansion, operation and maintenance of the lighting park in Campinas, Brazil. In total, the system features around 122 thousand light points. As part of the modernization, sodium-vapor and mercury lamps will be replaced with LED ones, which consume up to 60% less energy.
The PPP project in Campinas is part of IFC's collaboration with a financial services company Caixa Econômica Federal to develop and implement street lighting projects for Brazilian municipalities. To replace 389,000 lamps with LED technology, the cities of Aracaju, Belém, Feira de Santana, Franco da Rocha and Sapucaia do Sul will receive a private investment of around BRL580 million (US$110 million) for the first stage of the projects.
Country updates
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September 14, 2022
Sale agreement signed for CODESA privatisation
Companhia Docas do Espirito Santo (CODESA) and the Federal Government of Brazil, coordinated by Banco Nacional de Desenvolvimento Econômico e Social (BNDES), have signed a contract for the sale...
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September 14, 2022
Public consultation launched for lighting PPP project in Brazil
Caxias do Sul City Hall has presented details of the Public lighting PPP project and digital clock concession in the Municipality of Caxias do Sul, Brazil.
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September 02, 2022
Concession awarded for the multimillion Park in Brazil
The ecotourism company Fronteiras Navegações e Turismo, of the Macuco Safari Group, has won the concession for the Turvo State Park in Rio Grande do Sul, Brazil.
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August 23, 2022
AENA to manage 11 airports in Brazil
Aena, through its subsidiary Aena Desarrollo Internacional, has been awarded the management of 11 airports in Brazil, located in four states, including São Paulo, Mato Grosso do Sul, Minas...
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August 22, 2022
Progress on Bioceánica Bridge PPP project in Paraguay
Ministry of Public Works and Communications (MOPC) in Paraguay has reported the progress on Bioceánica Bridge public-private partnership (PPP) project. The construction of Bioceáni...
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