Exagon Impact Capital (XIC), a private equity investment firm driving the renewable energy transition in Latin America, has announced its first investment from its inaugural fund, XLA I, alongside co-investors.
The investment supports Solar Assets Latin America (SALA), a distributed solar energy platform operating in Colombia, Ecuador, Panama and Mexico.
SALA is expanding rapidly across its four key markets, combining cutting-edge solar technology with deep local expertise to provide cost-effective, reliable, clean energy solutions for businesses.
“We are thrilled to invest in SALA and to partner with Entoria Energy, a global renewable energy development company that is at the forefront of the renewable energy revolution in the Emerging Markets with an important focus on Latin America,” said Claudia Arango, Co-Founder and Managing Partner, Exagon Impact Capital.
Vincenzo Fagiuoli, CEO and Founder of Entoria.
“We are grateful for Exagon’s trust in establishing this strategic collaboration, a milestone made possible through the continuous dedication of our team. This investment plays a strategic role in Entoria’s growth across Latin America, empowering us to advance energy transition initiatives perfectly aligned with our vision for sustainable and impactful ventures. Exagon’s extensive expertise will be a tremendous asset to our efforts,” said Vincenzo Fagiuoli, CEO and Founder, Entoria.
Exagon’s investment positions SALA to further expand its operations and accelerate the adoption of distributed solar solutions across Latin America’s C&I sector.