CiviSmart reaches 500,000 light points under management in Italy

• PATRIZIA-backed smart infrastructure partner for municipalities reaches key milestone following sustained organic growth and targeted acquisitions
• Platform milestone reflects PATRIZIA’s long-term strategy of investing in infrastructure supporting smarter, more sustainable cities
• Growth highlights increasing demand for urban infrastructure that enables digitalisation, energy efficiency and decarbonisation

Milan. Augsburg. London. 29 July 2026. CiviSmart, the Italian smart infrastructure platform managed by PATRIZIA, an investment manager in global real assets, has reached 500,000 light points under management across Italy.

The milestone marks a significant step in the development of one of Italy’s largest independent smart public lighting platforms and demonstrates PATRIZIA’s continued commitment to investing in infrastructure that supports more efficient and sustainable cities.

CiviSmart was established in 2025 through the integration of three smart public lighting operators - Ottima, Selettra and Atlantico - following PATRIZIA’s strategic entry into the Italian smart public lighting market in 2022. Since then, the platform has evolved through a combination of organic growth and targeted acquisitions, creating a scaled national platform serving municipalities across the country.

Over the past 18 months, under the leadership of CEO Riccardo Amoroso, CiviSmart increased the number of managed light points by 32%, from 380,000 at the beginning of 2025 to 500,000 today. Growth was driven by a balanced combination of organic expansion and selective M&A activity, reflecting the platform’s disciplined growth strategy.

Today, CiviSmart has a broad national footprint, with 45% of managed light points located in Southern Italy, 20% in Central Italy, and 35% in Northern Italy, including 15% in the North-East and 20% in the North-West.

More than half of the managed portfolio is equipped with remote monitoring and dimming systems, with approximately 20% managed through advanced point-to-point intelligent control technologies, helping municipalities improve energy efficiency, reduce operating costs and modernise critical urban infrastructure.

Beyond public lighting, CiviSmart has evolved into a broader smart infrastructure partner for municipalities, leveraging its installed base and long-term concession relationships to deliver additional urban infrastructure solutions. These include smart building and energy efficiency services, environmental monitoring, CCTV and intelligent video analytics, as well as support for wider urban electrification initiatives.

Smart public lighting forms part of PATRIZIA’s broader investment strategy in infrastructure supporting urban sustainability, digitalisation and the energy transition. As cities face growing pressure to modernise essential infrastructure, improve efficiency and reduce emissions, smart lighting is increasingly recognised as a critical enabling technology.

Riccardo Amoroso, CEO of CiviSmart, commented: “Reaching 500,000 managed light points is an important milestone in CiviSmart’s development and reflects the strength of our operating model and the dedication of our team. Over the past year, we have accelerated growth through a combination of organic expansion and selective acquisitions, while continuing to strengthen our technological capabilities and national presence. Public lighting is increasingly recognised as strategic urban infrastructure, and we remain focused on helping municipalities modernise their networks with innovative and sustainable technologies that allow to reduce costs for the citizens while allowing for a better service with lower environmental impact.”

Matteo Andreoletti, Head of Investment Management Infrastructure at PATRIZIA, commented: “CiviSmart’s growth demonstrates PATRIZIA’s ability to identify compelling infrastructure opportunities and build scaled platforms through active asset management. As municipalities increasingly seek integrated solutions to modernise essential infrastructure, we see significant long-term opportunities in smart infrastructure that support digitalisation, energy efficiency and decarbonisation. CiviSmart is a strong example of how we partner with businesses to create long-term value for investors while supporting more sustainable and resilient urban communities.

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PATRIZIA

PATRIZIA has been providing investment opportunities in smart real assets for institutional, semi-professional, and private investors for more than 40 years, focusing on real estate and infrastructure. PATRIZIA’s investment solutions are driven by the “DUEL” megatrends - digital, urban, energy and living transitions - and capitalise on the opportunities arising from these transformative global shifts. PATRIZIA currently has approximately EUR 56bn in assets under management (AUM) and employs around 800 professionals across 26 locations worldwide.

PATRIZIA has been committed to making a positive impact since its founding. In 1992, the company began collaborating closely with Bunter Kreis (“Colourful Circle”) in Germany to provide aftercare for children with severe diseases. Since 1999, the PATRIZIA Foundation has provided 800,000 children and young people worldwide with access to education, healthcare and a safe home, enabling them to live better, self-determined lives.

For more information, visit www.patrizia.ag and www.patrizia.foundation.

CiviSmart

CiviSmart is a platform created through the consolidation of three Italian companies operating in the public lighting and Smart City sectors: Ottima (Ascoli Piceno), Selettra (Avigliano, Potenza), and Atlantic 1 (Chioggia). The company stands out for its use of advanced technologies and digital solutions to enhance energy efficiency and urban sustainability, helping its clients reduce their carbon footprint and transition toward a smarter, more sustainable city model. With over 500,000 light points under management, CiviSmart combines entrepreneurial expertise, a management team with multinational experience, deep technical know-how, and strong financial backing. This solid foundation enables the company to execute innovative and complex investments, leveraging its financial strength to drive sustainable urban development.