Ati Capital Solutions, S.A. (“Ati”) and Componentes El Orbe, S.A. (“CEO”)
Category B projects have potential environmental and/or social impacts and risks that are less adverse than those of a Category A and which are generally limited to the project site, largely reversible and can be mitigated via measures that are readily available and feasible to implement in the context of the operation.
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
Van Muiswinkel, Frederik Jan
USD $ 12,100,000
Project scope and objective
The proceeds from the BID Invest loan will be used to (i) partially finance the outfitting and implementation of technological equipment and solutions for Costa Rica’s Instituto Costarricense de Acueductos y Alcantarillados ("AYA") and Poder Judicial (“PJ”) under a public tender that was awarded to CEO, Nova Technologies S.A. (“NovaTech”) and Sistemas Convergentes S.A. (“SISCON”), to be supplied by the leasing company Ati Capital Solutions S.A. and (ii) finance the acquisition of solar panels.
In operation since 2000, Ati is a Costa Rican company that mainly leases, finances, and sells technology solutions. CEO, NovaTech and SICON are related to Ati and are part of the Grupo OB. CEO has been in business since 1984 It distributes and sells IT systems and equipment, including accessories and software, as well as integral solutions, mainly in the IT sector. SISCON is a hardware and software provider specialized in Intel, Windows and Dell technology. NovaTech sells and leases recycled equipment of such leasing operations. All four companies complement each other’s core businesses and have participated in many other transactions with the public sector and with private enterprises, with great success.
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