Utilities help Kingo crown $8m series B

Aug 21, 2017 • Robert Lavine

Energy providers Engie and EPM have participated in the off-grid solar energy platform's latest round, taking the company's overall funding to $19m.

Guatemala-based off-grid solar energy provider Kingo Energy has completed an $8m series B round featuring energy utilities Engie and EPM, the latter investing through its technology investment fund, FCP.

Dutch development bank FMO and French development bank Proparco also participated in the round alongside Honduras Renewable Energy Finance Facility, a renewable energy fund backed by the multilateral Inter-American Development Bank (IDB).

Founded in 2013, Kingo operates a service allowing remote customers to access energy from off-grid solar power systems using…

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