- Power consumption by public lighting will be cut by 50%, reducing CO2 emissions by 225 tons/year
- The contract strengthens Ferrovial’s position in Spain as a leading energy services company
Ferrovial, through the Energy Solutions area of its Construction division, has been selected to take charge of end-to-end management of outdoor lighting in the municipality of Picanya, in Spain’s Valencia region. The 15-year contract is worth €6.9 million.
Under an energy services (ESCO) model, the company will upgrade 2,884 streetlights and fountain and ornamental lights, among others, using LED lamps. The contract scope also includes operating and maintaining streetlights, traffic lights, and fountain and bollard lights throughout the city.
A point-to-point management network will be installed for all public light fittings, which will contribute to energy savings and efficiency. Specifically, these initiatives will reduce electricity consumption by 50%, cutting CO2 emissions by 225 tons per year.
Ferrovial Energy Solutions
As part of Ferrovial’s firm commitment to sustainability and in line with its Horizon 24 plan, which enshrines a commitment to creating businesses that are complementary to its core activity, the company has created an Energy Solutions area within its Construction division. The goal of this business unit is to execute turnkey projects for solar and wind power plants, and to strengthen Ferrovial’s core activities in the energy transmission and distribution and energy services fields. As part of process of divesting Ferrovial Services, the energy services area has been incorporated into the company’s Construction division, as part of the Energy Solutions area, which also deals with offshore wind turbine platforms and hydrogen projects, among others.
This new contract is in addition to recent contracts to upgrade public lighting in Motril (Granada), Haro (La Rioja), Alcazar de San Juan and Miguelturra (Ciudad Real), El Rosario (Tenerife) and Xátiva (Valencia), which represent over 25,000 light fittings under management. Ferrovial has 42 energy services projects under way, including street lighting in Madrid, municipal buildings in Vitoria, the Santiago de Compostela hospital complex, and the Txomin Enea district heating system in San Sebastián. It currently manages more than 300 GWh of energy overall.