Service contract
GREP finances, builds and operates; the municipality pays a service fee, below its current spending.
No funding required, with a guarantee
A modernisation defined by the EU as an EPC scheme, repaid from the savings achieved. We have been market leaders in EPC-type contracts since 2014.
HUF 0municipal funding or loans
0completed municipal projects
0market leaders in EPC contracts since
- 1
Data collection
We assess the current public lighting based on seven data points.
- 2
Free feasibility study
A free electrical energy review, together with the design.
- 3
Contract and financing
GREP arranges and bears the financing. No loan, no upfront payment.
- 4
Construction
With local contractors, with full documentation.
- 5
Operation until the end of the contract term
Maintenance at a fixed price, with a 24-hour fault reporting line.
Contract types
Three contract types: matched to the municipality's situation
Shareholding model
A separate company for the municipality's public lighting; the municipality gradually buys out its shares. At the end of the contract term it is 100% owned by the municipality.
Construction
If funding is already in place: GREP is the contractor, with a guaranteed technical result.
