SUSI Partners, through its Energy Efficiency Fund II, is partnering with Greek ESCO Vashelios for the financing, implementation, and operation of LED public street lighting retrofits in Greek municipalities.
SUSI will initially provide capital for projects in three Greek municipalities to be undertaken by Vashelios, a full-service provider offering design, installation, maintenance, and operation of LED street lighting systems. A sizeable project pipeline currently being developed by Vashelios is expected to be financed under the same framework agreement.