This report explores financing strategies for energy service companies (ESCOs) in Costa Rica. ESCOs, like Ener-G Tech Investments, partner with businesses to complete energy efficiency projects, generating monetary savings and environmental benefits. The ESCO industry here is undeveloped and unsupported. We identified three financing strategies to encourage more efficiency projects: carbon offsets, sustainable banking and crowdfunding. To summarize, offsets are not currently viable, domestic banks have environmental loan options, and a crowdfunding campaign was initiated for an Ener-G project.

• This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.

Creator

• Becker, Miryam R.
• Samela, Joseph M.
• Conlon, Chelsea N.
• Antoine, Robert W.

Publisher

• Worcester Polytechnic Institute

Identifier

• E-project-050615-191658

Advisor

• Madan, Aarti Smith
• Madan, Ryan Smith

Year

• 2015

Center

• San Jose, Costa Rica Project Center - IQP

Sponsor

• Ener-G Tech Investment

Date created

• 2015-05-06

Resource type

• Interactive Qualifying Project

Source

• E-project-050615-191658

Rights statement

• In Copyright

Last modified

• 2024-02-05