Citi is underwriting a $67.4 million structured finance deal backed by energy efficiency revenue bonds called series 2011, according to an official statement published on the deal.

The issuer, Sustainable Energy Utility Inc, is a Delaware non-profit that will issue bonds and use the proceeds to pay the costs of designing and implementing energy conservation measures at the facilities of Delaware state agencies, which include state and local governments and institutions of higher learning. Some of the proceed will reimburse project costs paid on behalf of Delaware State University.

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