Erco Energía S.A.S.

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In brief

Founded in 2012, ERCO has evolved from a solar engineering and maintenance company into a fully integrated clean energy platform combining solar project development, engineering and construction services, energy generation and digital energy retail. To date, the company has delivered more than 2,000 solar projects and is one of Colombia’s leading players in the commercial and industrial solar market. The company is targeting approximately 1 GWp of additional solar generation capacity by 2030, supporting Colombia’s transition toward a more diversified and climate-resilient energy mix.

Main development impact

The investment is expected to generate significant climate impact by increasing renewable electricity generation while reducing dependence on fossil-fuel-based generation and helping mitigate the risks associated with hydropower variability. In addition, ERCO’s growing portfolio is expected to support industrial and commercial customers with access to cleaner and more reliable energy solutions. The investment also supports inclusive growth. ERCO currently exceeds the 2X Challenge thresholds for female employment and leadership and the company has committed to maintaining and strengthening women's participation across its workforce and leadership teams.

Investment details

Name: Erco Energía S.A.S.
Project number: 80000545
Region: Latin America and the Caribbean
Country: Colombia
Sector: Energy
Signing date (month/year): July 2026
Currency: USD
Finnfund's financing (commitment): 10,300,000
Instrument: Equity
Jurisdiction of registration: Canada
Channeled financing (name of company): Augment Colombia, LP
Channeled financing (jurisdiction of registration): Canada
Size of the project financing: 122,000,000
Share of Finnfund's financing (%): 8.4
Part of the European Fund for Sustainable Development Plus (EFSD+): Renewable Energy Transition
Status: Active
Website: https://erco.energy/co

Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year.

Key facts

Name:

Erco Energía S.A.S.

Sector:

Energy

Region:

Latin America and the Caribbean

Country:

Colombia

Currency:

USD

Finnfund's financing (commitment):

10,300,000

Signing date (month/year):

July 2026

Last update:

September 2026