Tower Light

Environmental thesis

Lighting towers allow for optimal lighting at minimal energy consumption, through a highly effective and focused illumination. Moreover, through its deep understanding of customers’ needs and market dynamics Tower Light has been able to capitalise on the growing demand for energy efficient lighting solutions, and has progressively qualified as the pre-eminent manufacturer of efficient lighting towers globally.

The product range include towers offering >70% reduction of fuel costs vs. peer products at the same lighting performance, LED based- towers, and a parallel product line of nebulised-water cannons able to abate dust during demolition works, saving up to 90% of the water required compared to traditional watering techniques.

Business

Tower Light manufactures the largest range of lighting towers globally. Lighting towers are an independent, easy-to-move piece of equipment able to supply high-quality lighting to any location. Lighting towers are an outstanding solution in terms of energy efficiency, illumination and safety in situations where an effective, temporary lighting is required, such as in the construction or maintenance of infrastructure, and also in airports, docks, mines and events. Tower Light is positioned in the market as a technology leader, with energy efficiency as the hallmark of its production. Tower Light is based in Italy but generates >80% of its revenues in 50 different countries, with leading market shares in Europe and a strong presence in several non-European markets.

Ambienta acquired a majority stake in Tower Light in February 2012. Having supported the company in its further internationalisation and professionalization, and on the back of continuous growth, Ambienta sold its stake in Tower Light to US company Generac in July 2013.


Environmental impact and sustainable development goals

Ambienta only invests in businesses which have a positive impact on the environment through either, or both, a Resource Efficiency or Pollution Control contribution. Our proprietary methodology, the Environmental Impact Analysis, allow us to measure the contribution of different businesses to sustainability in terms of Resource Efficiency and Pollution Control which we capture through 11 Environmental Metrics.

Our Methodology and Metrics are fully aligned with the UN Sustainable Development Goals adopted in 2015. Through our investment scope definition that focuses on products and services that improve Resource Efficiency and Pollution Control we fully capture 10 of the 17 Goals and their respective sub-goals.

For each portfolio company we report then its impact both in terms of our metrics and SDGs.

Resource efficiency

Tower Light’s contribution to Resource Efficiency is summarized by the following Environmental Metrics and SDGs:

Energy Saved