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Finnfund and Proparco Invest $33M in ERCO to Expand Solar Capacity in Colombia

PRIVATESep 26, 2026

Amount Raised

$33 Million

Round Type

Venture

ColombiaEnergyRenewable EnergySolar

Description

Finnfund and Proparco have committed a total of $33 million to ERCO to support the expansion of solar power generation in Colombia. This investment aims to strengthen energy security and diversify the country's electricity mix through renewable energy sources.

Company Information

Company

ERCO

Location

Colombia

About

Founded in 2012, ERCO has developed from a solar engineering and maintenance company into an integrated clean energy platform. The company specializes in solar project development, engineering, construction, power generation, and digital energy retail. ERCO has delivered over 2,000 solar projects and is a leading player in Colombia's commercial and industrial solar market.

Fundz sees it the moment ERCO raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Predictive Intelligence
Strategic

ML-powered predictions for ERCO's next move

See what Strategic adds

ERCO raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.