Smart City Lighting II

Energy efficient, sustainable and innovative LED alternative.

Investment overview

Impact category

Sustainable energy

Investment type

Loan

Yearly interest

6.25

Term

months

Risk level

What will you be financing?

LIC Sustainable Solutions is a multinational enterprise with offices in Europe and Latin America. The company develops, designs, produces, and executes energy efficiency projects, primarily focusing on smart cities and intelligent street lighting.

LIC is executing the modernization of public lighting in the municipality of Villavicencio in Colombia. This campaign aims to fund this project further.

This is LIC's second campaign after successfully raising 250.000€ in Smart City Lighting, the goal is to raise another 250.000€.

In October 2022, the promotor was contracted by Alborada, Villavicencio's public service company, to start the supply of sustainable and efficient LED street lighting luminaires to replace the old, polluting, and inefficient sodium system.

The luminaires arrived in Villavicencio in December 2022 and are currently being installed by LIC, including:

3.500 LED street lighting luminaires.
600 LED floodlights in public recreational spaces.

The luminaires are ready to be integrated into a smart city, working as a wireless communication base. In the last three years, the company supplied more than 20,000 luminaires to different municipalities in Colombia.

What is the impact?

Direct

Improvement in public lighting efficiency: LIC's smart LED lights can be programmed to illuminate at set times of the day and to increase or decrease lighting according to the presence of people and vehicles in the streets. This enables a more energy-efficient use of cities’ light systems, allowing cities to save up to 80% in energy consumption, reduce CO2 emissions and limit light pollution while maintaining citizens’ safety.

Indirect

Improving community well-being: safe and well-lighted public spaces play an essential role for communities, increasing access, interaction, and inclusion, resulting in improved community well-being.

Impact indicators
‍

CO2 avoided per year

clean energy

created by our projects

of sustainable

impacted

Contribution to the Sustainable Development Goals
‍

About the Promoter

About

LIC Soluciones Sostenibles SL

Direct

Improvement in public lighting efficiency: LIC's smart LED lights can be programmed to illuminate at set times of the day and to increase or decrease lighting according to the presence of people and vehicles in the streets. This enables a more energy-efficient use of cities’ light systems, allowing cities to save up to 80% in energy consumption, reduce CO2 emissions and limit light pollution while maintaining citizens’ safety.

Indirect

Improving community well-being: safe and well-lighted public spaces play an essential role for communities, increasing access, interaction, and inclusion, resulting in improved community well-being.

Promoter website

www.lic-eu.com

Team
‍

[{"id":68,"promoter_id":279,"name":"Bas van Bakel","description":"Results-driven Chief Executive Officer, skilled in proactively participating in all aspects of business development and management, from operations and finance to marketing and human resources. An accomplished entrepreneur capable of identifying new opportunities and sustaining business growth. Current position: founder & CEO of LIC Sustainable Solutions Group.","link":"https://www.linkedin.com/in/bas-van-bakel-7b89327/","role":"Founder and CEO","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/63b/5a7/051/63b5a7051c3e7020379771.jpg","avatar_id":75371},{"id":69,"promoter_id":279,"name":"Ricardo Sarmiento","description":"Professional with more than 20 years of experience in managing the business internationalization process. Analysis, selection, and opening of markets, brand positioning. Strong business focus. Current position: Partner & General Manager LIC Latin America.","link":"https://www.linkedin.com/in/ricardo-sarmiento-11b3b215/","role":"Partner LIC Latin America","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/63b/5a8/3ef/63b5a83ef37bd180070739.png","avatar_id":75374},{"id":70,"promoter_id":279,"name":"Francisco Jimenez","description":"Entrepreneur with extended experience in executive positions with an emphasis on business development and risk analysis/management from a financial standpoint. Current position: Partner & CFO LIC Soluciones Sostenibles SL.","link":"https://www.linkedin.com/in/francisco-jimenez-49754916a/","role":"Partner LIC Spain","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/63b/5a8/7ec/63b5a87ec2e74480032853.png","avatar_id":75375}]

Business Model
‍

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