Deal will fund company’s international expansion
12 July 2018. UrbanVolt, the Irish company which established the Light as a Service business model, has signed a $65 million funding deal with UK investment company Low Carbon. In the biggest deal of its kind to date, the investment will be used to deliver energy efficiency projects across the US, UK and Continental Europe. UrbanVolt and Low Carbon share a common mission to reduce global energy consumption and have a measureable and positive impact on the environment. The greenhouse gas emissions which will be saved as a direct result of this investment is the equivalent of permanently removing every single car which commutes into Manhattan during rush hour.