Exagon Impact Capital (XIC), a private equity firm focused on accelerating the renewable energy transition in Latin America, has made its first investment from its inaugural fund, XLA I, in partnership with co-investors. The investment will support Solar Assets Latin America (SALA), a distributed solar energy platform operating in Colombia, Ecuador, Panama, and Mexico. XIC’s controlling stake in SALA represents a significant step in advancing high-impact energy solutions across the region.
SALA specializes in delivering tailored solar energy systems for commercial and industrial (C&I) clients, helping businesses cut energy costs, reduce carbon emissions, and embrace sustainable practices. With rapid growth across its four core markets, SALA leverages advanced solar technology and local expertise to offer businesses reliable, affordable, and clean energy solutions.
Claudia Arango, Co-Founder and Managing Partner of Exagon Impact Capital, mentioned “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. Their strong track record of delivering solar energy solutions to businesses in key markets aligns perfectly with our vision to accelerate the transition to renewable energy across the region. We believe this investment will generate attractive returns for our investors and create a meaningful environmental impact.”
Vincenzo Fagiuoli, CEO and Founder of Entoria, stated “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.”
Exagon has invested in SALA to expand its operations and accelerate the adoption of distributed solar solutions for commercial and industrial (C&I) businesses across Latin America. With growing demand for clean, reliable, and cost-effective energy, SALA is set to scale and help businesses transition away from fossil fuels. Led by Claudia Arango, Marc Frishman, George Osorio, and Marc Ricart, Exagon Impact Capital brings extensive experience in private equity, clean energy, and emerging markets. Their regional knowledge and strategic vision support Exagon’s mission to deliver strong returns while driving impactful investments in renewable energy.
