Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Forcefield to Install 19,000 LED Street Lamps in Costa Rica

Don't Miss Out —
Follow us on:

July 16 (Bloomberg) -- ForceField Energy Inc., a U.S. energy-efficiency company, plans to install 19,000 LED street lamps for Costa Rica utility Empresa de Servicios Publicos de Heredia.

ESPH, as the utility is known, will pay Forcefield more than $21 million over 10 years, the New York-based company said today in a statement. The deal is expected to be closed and financing secured by Sept. 30.

LEDs, or light-emitting diodes, may reduce energy consumption by as much as 70 percent compared with conventional lighting products, according to the statement.

To contact the reporter on this story: Stephan Nielsen in Sao Paulo at snielsen8@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.