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Chicago Public Schools spent hundreds of thousands of dollars to install new lighting systems in at least nine schools just before they were targeted for closing in the city's cost-cutting school consolidation plan. At the same time, the city wants private investors to pay for the new energy-efficient lights in those schools and more than 200 others, as part of the Chicago Infrastructure Trust. The trust is enticing private firms to pay for the school improvements by promising a cut of the energy savings on future electricity bills. But it is unlikely investors will see much of a return from new lights installed in empty schools.
7/19 Chicago Tribune