Seven local authorities in England have been granted a total of £620m of Government funding to install improved street lighting.
Durham, Stockton, Essex, Gloucestershire, Hertfordshire, Kirklees and Warrington will receive Private Finance Initiative (PFI) funding to upgrade their existing street lighting. PFI credits support the capital element of the projects.
The local authorities will now be asked to prepare an outline business case for a PFI street lighting scheme. Once this is approved by the Department and the Interdepartmental Project Review Group, the local authorities will start their procurement process.
The following amounts have been granted to the local authorities:
- Durham and Stockton £125.47m
- Essex £163.86m
- Gloucestershire £80.183m
- Hertfordshire £139.8m
- Kirklees £65.8m
- Warrington £45.5
There are 30 Local Authority Street Lighting schemes that have been endorsed by the Project Review Group. A full list of endorsed Local Government PFI schemes can be located on the Communities and Local Government Ministers website.