Skip to main content

Company name

CELSOL S.A. DE C.V.

Project number

ME3884A-01

N/A

E&S category
tooltip

N/A

Country

Mexico

Sector

Manufacturing

Status

In implementation

Disclosed date

07/01/2010

Projected date at which a project will be put forward for the Board of Executive Directors’ approval.

Projected board date
tooltip

08/31/2010

Approval date

09/28/2010

Signed date

N/A

Sponsoring entity

N/A

Investment Operations Department Contact

N/A

Investment type

Syndicated amount

N/A

Financing amount

USD $ 6,000,000

Currency

N/A

Project scope and objective

Óptima Energía is the leading Energy Service Company (ESCO) in Mexico. It is dedicated to the implementation of energy efficiency projects under a performance contracting scheme and zero initial investment from clients. Óptima Energía specializes in the optimization of electricity, fuels and water. Its main focus has been the high end 5-6 star hotel sector. More recently, Óptima Energía began targeting the public lighting sector. In December of 2009, the company signed its first energy efficiency contract with the municipality of Zamora, Michoacán, and currently has 16 other municipalities throughout the country in its pipeline. The company expects to implement more than 20 public lighting energy efficiency projects by 2013.


The IIC will be supporting the investment plan of Optima Energía with an up to US$6 million uncommitted non-revolving credit line to be used for energy efficiency public lighting projects in Mexico. The number of financed projects will depend on the total or partial investment cost of public lighting projects brought by Óptima Energía to the IIC. The IIC, through this project, aims to promote public lighting energy efficiency projects and support the energy efficiency market in Mexico in general.


For inquiries, comments and information requests about the project

Request information

Learn more about how we provide private-sector solutions in the region .

Environmental and social review

IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.

ENVIRONMENTAL AND SOCIAL REVIEW

44.1 Kb

For inquiries, comments and information requests about the project

Request information

Learn more about how we provide private-sector solutions in the region .

Contact information

For inquiries, comments and information requests about the project

Request information

Alternatively, you may also use the following contact information :

Client Contact

EMAIL

N/A

PHONE NUMBER

N/A

POST OFFICE ADDRESS

N/A

IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

For inquiries, comments and information requests about the project

Request information

Learn more about how we provide private-sector solutions in the region .