VINCI Energies wins the lighting contract in the city of Thiers under a Public Private Partnership
12 October 2006 - New contracts - France
The city of Thiers in central France has just awarded its public lighting management contract to VINCI Energies under a 15-year public private partnership.
The contract covers:
- power supply and management,
- upkeep, maintenance and upgrade of installations (3,700 lighting points),
- design and implementation of the lighting plan,
- festive illuminations.
The annual value of the contract is €450,000.
VINCI Energies works in public lighting under the Citéos brand, which currently manages 400,000 lighting points in some one hundred cities, notably under management contracts. The Thiers contract is the first contract awarded to VINCI Energies under a public private partnership.
VINCI Energies generated revenue of €3.5 billion in 2005, of which nearly 30% outside France. VINCI Energies operates in 18 European countries through a network of 700 business units with a workforce of 27,000 employees.
VINCI is a global player in concessions and contracting, employing close to 195,000 people in some 100 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, above and beyond economic and financial results, we are committed to operating in an environmentally and socially responsible manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. VINCI’s goal is to create long-term value for its customers, shareholders, employees, and partners and for society at large.