ERCO Energia

Latin America

Region

310.8

Commitment (MNOK)

Active

Status

Erco Energía SAS (Erco) is a top-tier Colombian EPC company for C&I projects that has delivered more than 1,100 projects exceeding 120 MW in capacity, with proven experience in projects of up to 5 MW. The company employs a team of 220 professionals with strong competencies across all disciplines. Headquartered in Medellín and supported with 6 offices across the country to support with sales, execution, and operations. Norfund’s USD 30m investment will support Erco in completing proposed growth plan.

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Key information

Sector:
Renewable Energy
Commitment (MNOK):
310.8
Year:
2022
Region:
Latin America
Country:
Colombia
Domicile:
Colombia
Instrument:
Equity
Status:
Active
Mandate:
Development

Additionality ERCO Energia

This investment is particularly additional on the following ambitions:

  • Investing in the most capital constrained markets
  • Investing in sectors with high development needs
  • Investing in high risk instruments
  • Mobilising private investors
  • Taking an active role in investments
  • Improving social and environmental performance