PATRIZIA, through its Smart City Infrastructure Fund, acquires Selettra S.p.A, a leading Italian smart streetlighting company, marking SCIF’s second investment in Europe and Italy.
Following the recent acquisition of Ottima, SCIF re-invests in the Italian smart streetlighting space, creating a EUR 180 million portfolio in the country. Selettra is one of the leading smart streetlighting companies by the number of LPs managed, with a particular focus in southern Italy.
Selettra is focused in participating to public tenders and winning concession contracts, as well as assembling the LED streetlight technology in the finalised products.
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