Project Description
STREET LIGHTING PROJECT
OPTIMA ENERGÍA
ENSENADA, BAJA CALIFORNIA, MEXICO
PROJECT DESCRIPTION
- Replacement of Municipality of Ensenada’s 25,000 street lights with high efficiency LED lighting
- MSEF investment of up to US$ 2.5 million mezzanine (sub-debt) financing for Optima’s Ensenada street lighting project
- Remaining 85% of project capital structure provided by senior loans from InterAmerican Development Bank (IDB) and Canadian Climate Fund for the Private Sector in the Americas (C2F)