GIB has provided a GB£6.8 million Green Loan with the Barking and Dagenham London Borough Council that could save the council up to GB£21 million. The loan will be used to finance the replacement of around 14,790 traditional streetlights with new energy-saving LED alternatives. The refurbishment of around 3,300 streetlight columns and the installation of a new central management system are also covered by the agreement.