4th Apr 2006 12:30
Scottish & Southern Energy PLC04 April 2006 SCOTTISH AND SOUTHERN ENERGY PLC 25 YEAR STREET LIGHTING CONTRACT Further to the announcement issued on 10th February, Tay Valley Lighting, ajoint venture between Scottish and Southern Energy plc (SSE) and The Royal Bankof Scotland plc, has been named as the contractor appointed by Leeds CityCouncil to replace and maintain street lighting throughout the City of Leeds.Southern Electric Contracting will deliver the project under a 25-year PrivateFinance Initiative (PFI), with replacement work beginning in July 2006. Leeds City Council will spend £100 million over the next five years in thelargest investment contract of its kind in the country. Eighty percent of itsageing lighting stock (over 80,000 in total) will be replaced withstate-of-the-art white lights, making the city's streets brighter, safer andmore energy efficient. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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