The Smart City Infrastructure Fund is an investment vehicle which provides long-term private institutional capital for the development of sustainable urban ecosystems. The Fund helps cities deal with:
- Continued urbanization
- Climate change and resource scarcity
- Development of sustainable communities
- Technological advancement and digitalisation
- Energy and Resources Efficiency
- Public Street lighting: Retrofitting LED lights and smart dimming sensors allows for 50-75% savings in energy usage (See more – Selettra (Italy) and Ottima (Italy))
- Smart Meters -> Case Study: Allows for effective control of energy usage, leading to increased savings and cleaner energy use
- Networks and Grids
- Fiber Optic Networks (FON): City-wide FON provides the necessary connectivity and backhaul capacity to develop Smart Cities, IoT and 5G (See more – Fullerton Fibercity investment)
- Wireless Infrastructure: LoRa / WAN networks provide connectivity to Smart City sensors
- Mobility
- Smart Traffic Lights:Sensors at intersections monitor and manage traffic, handle incidents more efficiently, reduce congestion and improve livability
- Smart Parking: Parking sensors reduce circling and congestion, improve revenue collection and improve enforcement
- Data Analytics
- Smart Safety and Security: Automatically detect security incidents, shorten response time, and analyse data to reduce crime
- Social Infrastructure: Smart Waste Management, Smart Kiosks, Air Pollution Analytics, Smart Location Services
| Investment size: | > €10 million |
|---|---|
| Investment term: | 10-year minimum |
| Geography: | OECD countries worldwide |
| Structure: | Public private partnerships (PPP / P3), concessions, sale & lease-back |
| Eligible Funding: | Common equity in individual assets, preferred equity and acquisition of receivables |
| Stage: | Operating assets or ready to build assets |
- Long-term partnership between City & Long term institutional investors, focusing on outcomes, citizen engagement and inclusive and cohesive societies
- SCIF investment can be blended with grant and other forms of public funding
- Open access model avoid multiple build-outs and unnecessary construction works
- Ability to achieve financial savings from day one via flexible smart concessions (e.g. Public Smart Street lighting) (See More – Investments InNovalux)
- Expert institutional investor with over 21 years’ of experience investing globally in infrastructure (See more – Investors)
- Proven record of Smart City investing (See more – Investments)
- SCIF is a member of a number of the organisations at the forefront of responsible and sustainable investing (See more – Investments)
