Spie signs PPP agreement on public lighting in Maurepas

5959 Spie has signed a 15-year Public Private Partnership (PPP) agreement with the municipality of Maurepas outside Paris, for street lighting and traffic lights. It covers financing, construction and/or renovation, power management and maintenance. The contract aims to modernise 90 per cent of the town's lighting network, with lighting levels adjusted to match residents' movements and needs. It is estimated that electricity usage in Maurepas will be reduced by some 30 per cent.