Vilnius Secures Up to €10 Million for Street-Lighting Modernisation

On 20 October, the Nordic Investment Bank signed a 12-year financing agreement of up to €10 million with Vilnius municipal energy group Gijos to modernise the capital’s street lighting. The investment supports more efficient urban infrastructure and energy management. Environmental organisations, energy companies and municipalities can explore opportunities in efficient lighting, emissions monitoring and sustainability reporting. The €10 million figure is project financing, not a separate environmental consultancy fee.