Markets Insider
Summary
Washington, D.C.'s District Department of Transportation (DDOT) and the Office of Public-Private Partnerships (OP3) announced the District of Columbia has entered a long-term public private partnership with the Plenary Infrastructure DC (PIDC) consortium to modernize more than 75,000 lights throughout the District. Two IDEA Members involved in the project are:
- ENGIE North America (ENGIE) as the design and construction contractor.
- Kiewit Development Company as an equity partner.
Considered the nation's largest urban streetlight modernization project, the $309 million DC Smart Street Lighting Project will convert all the city's street and alley lights to energy-efficient LED technology with remote monitoring and control capabilities. This modern infrastructure will reduce the lights' energy usage by more than 50 percent, eliminating 38,000 tons of greenhouse gas emissions each year and extend Wi-Fi coverage in traditionally underserved neighborhoods.
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#MemberAnnouncement#ENGIE#kiewit