About

Institutional investment vehicle that enables cities to unlock financial and societal benefits and a rapid transition towards low carbon, resource efficient and inclusive communities

About

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
INVESTMENT THESIS
  • Energy and Resources Efficiency
    • Public Street lighting: Retrofitting LED lights and smart dimming sensors allows for 50-75% savings in energy usage (See more – P.InNovalux investment)
    • 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
AREA OF FOCUS
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
INVESTMENT CRITERIA
  • 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)
BENEFITS OF WORKING WITH US