September 29, 2022 |
Engie Solutions, part of French utility company Engie, won a 23-year public-private partnership (PPP) on Wednesday for the street lighting system in the city of Curitiba in southern Brazil, according to national development bank BNDES.
The company offered a discount of 71.3% on the maximum availability payments of BRL3.8 billion ($707 million) offered by the Curitiba city government, BNDES said in a press release. BNDES structure the deal for the city.
Engie Solutions, the French utility's energ
French utility offers a 71% discount for the 23-year contract