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.
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