Erco Energía Raises $129 Million in Series C Funding
Erco Energía, a leader in renewable energy solutions in Colombia, has successfully raised $129 million in a Series C funding round. The company specializes in solar energy and electric mobility, providing innovative solutions in these sectors. The funding round took place on August 21, 2026.
Investment Details
The Series C round was led by Next Utility Ventures, with participation from Augment Infrastructure, Norfund, and Endeavor Catalyst. This significant investment underscores the growing interest in renewable energy projects in Latin America, particularly in Colombia.
Company Background
Founded by Juan Lopez and Juan Hincapie, Erco Energía focuses on developing and operating solar power projects. The company also offers services in energy storage, electric vehicle charging, and electricity commercialization. These initiatives are part of Erco Energía's broader strategy to expand its renewable energy capacity and infrastructure.
Strategic Use of Funds
The newly acquired funds will be utilized to develop and construct new distributed solar generation projects across Colombia. As the demand for renewable energy continues to rise, Erco Energía aims to enhance its capabilities in solar infrastructure to meet the increasing energy needs.
Location and Contact
Erco Energía is headquartered in Medellin, Antioquia, Colombia. Interested parties can learn more about their offerings by visiting their website.
Conclusion
This substantial funding round highlights the momentum in the renewable energy sector in Latin America. With the backing of prominent investors, Erco Energía is well-positioned to advance its mission of delivering innovative solar and electric mobility solutions.