Some €2m of the fund will go to upgrading lighting facilities in the Blackpool Shopping Centre together with Pipelife in Whites Cross, Daly Industrial Supply Company on the Lower Glanmire Road and Graepels in Kinsale.
The funding will be used to pay for the retrofitting of commercial premises in the region with energy efficient LED lighting. Typical savings for SMEs who work with UrbanVolt are in the order of 50% of the lighting bills they faced before the investment.
Garett Sheehan of UrbanVolt said “We’re doing more business with SMEs in Cork than anywhere else in Ireland at present and we have ring fenced additional funds specifically for this region.”
Blackpool Shopping Centre has signed a major deal which see the Cork premises retrofitted with highly efficient LED lights, significantly reducing its carbon footprint. John Hartnett, manager of the Centre said: “We are delighted to have teamed up with UrbanVolt as we felt they are the ideal partner to guide us, ensuring that all our buildings are more efficient. And as Cork’s largest mixed scheme, we wanted to ensure that we enhance our customers and tenants experience.”