A Home Energy, a company operating in the shared distributed generation of solar energy market in Brazil, announced the raising of approximately R$225 million, carried out by the International Finance Corporation (IFC, a member of the World Bank Group).
The resources will be used for structuring, implementation, commissioning and operation of distributed generation projects of solar energy, from 22 solar farms in Pará, Minas Gerais, Maranhão and Pernambuco until the second quarter of 2026, which consolidated reach more than 90 MWp of installed power.
“IFC’s investment represents an important milestone for our innovative business model, which drives Brazil’s sustainable development in the renewable energy sector, especially solar photovoltaic,” says Surya Mendonça, CEO of Órigo Energia.
“IFC’s support ensures that our projects are aligned with best socio-environmental practices, with globally recognized standards, and proves that our assets generate positive impacts, contributing to global sustainable development goals.”
Órigo currently has an installed capacity of around 450 MWp and serves more than 130 customers in several states. “These resources will allow us to accelerate our growth, which aims to reach an installed capacity of 2 gigawatts-peak (GWp) with solar farms in 20 Brazilian states,” he concludes.
“This is a very important moment for our operation. With these resources, we will further boost our expansion project and fulfill our mission of providing access to solar energy to a greater number of customers, solidifying our leadership among distributed generation players in Brazil,” adds Órigo’s CFO, Eduardo Bechara, reinforcing the benefits of this operation.
Bechara also emphasizes that, adhering to the IFC guidelines, Órigo's projects are connected to socio-environmental demands and are also aligned with the 2030 agenda and the SDGs (Sustainable Development Goals) of the UN (United Nations), which, among its premises, advocates guaranteeing access to cheap, reliable, sustainable and renewable energy for all.
Since the start of its operations in 2017, the company's more than 130 customers, including homes and small and medium-sized companies, have collectively avoided the emission of 450 tons of CO2 and saved more than R$180 million on their energy bills.
“We are pleased to partner with Órigo on this first IFC financing for a distributed generation project in Latin America. While solar PV in centralized solar generation plants is the main driver of solar energy growth in Brazil, distributed generation plays a key role in the country’s energy transition as it offers a flexible and efficient approach to solar generation,” said Manuel Reyes-Retana, IFC’s Regional Director for South America.
“This project is aligned with IFC’s strategy in Brazil and the rest of Latin America and the Caribbean, as it contributes to increasing clean energy generation and reducing electricity costs for households and small businesses in an innovative way, helping Brazil achieve its ambitious climate adaptation and resilience goals,” he added.
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