{"id":14881,"date":"2024-01-08T15:49:13","date_gmt":"2024-01-08T15:49:13","guid":{"rendered":"https:\/\/www.esgtoday.com\/?p=14881"},"modified":"2024-01-08T15:49:14","modified_gmt":"2024-01-08T15:49:14","slug":"i-squared-invests-400-million-in-brazil-based-clean-energy-platform-origo-energia","status":"publish","type":"post","link":"https:\/\/www.esgtoday.com\/i-squared-invests-400-million-in-brazil-based-clean-energy-platform-origo-energia\/","title":{"rendered":"I Squared Invests $400 Million in Brazil-based Clean Energy Platform \u00d3rigo Energia"},"content":{"rendered":"<!--themify_builder_content-->\n<div id=\"themify_builder_content-14881\" data-postid=\"14881\" class=\"themify_builder_content themify_builder_content-14881 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->\n\n\n<p>Global infrastructure investment manager I Squared Capital announced today an agreement to invest up to $400 million in Brazilian distributed energy generation company \u00d3rigo Energia, with proceeds from the investment funding the construction of \u00d3rigo\u2019s pipeline of more than 2 GW of distributed solar generation projects.<\/p>\n\n\n\n<p>The transaction, expected to close in the first quarter of 2024, marks I Squared\u2019s first direct investment in Brazil, following the opening of its office in S\u00e3o Paulo last month. Brazil is a leading renewable energy market, with the largest electricity market in Latin America, with renewables accounting for over 80% of the country\u2019s electricity mix.<\/p>\n\n\n\n<p>Gautam Bhandari, Managing Partner and Chief Investment Officer at I Squared, said:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p>\u201cThis is a landmark transaction for I Squared. We have ambitious plans for renewables and are leveraging our extensive experience in this space to build a leading global renewables-focused platform consistent with I Squared\u2019s overall approach to investing.&#8221;<\/p>\n<\/blockquote>\n\n\n\n<p>Founded in 2010, \u00d3rigo Energia is the largest distributed generation business in Brazil, with over 100 solar farms in multiple states across the country, representing 300MW of distributed generation assets already in operation, and serving more than 100,000 customers.<\/p>\n\n\n\n<p>According to I Squared, the investment comes as distributed generation experiences significant growth in Brazil, driven by an accommodating regulatory environment, and as solar power emerges as an increasingly affordable energy source for the market.<\/p>\n\n\n\n<p>Surya Mendon\u00e7a, CEO of \u00d3rigo Energia, said:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p>\u201cThis investment will allow \u00d3rigo to accelerate the construction of solar farms, expanding its service to thousands of new customers and over 20 states in the coming years. It will also reinforce our technology and customer experience focus, in line with the purpose of making solar energy accessible to small and large businesses as well as retail customers, while generating savings and driving Brazil to a greener future.\u201d<\/p>\n<\/blockquote><span class=\"et_bloom_bottom_trigger\"><\/span>","protected":false},"excerpt":{"rendered":"<p>Global infrastructure investment manager I Squared Capital announced today an agreement to invest up to $400 million in Brazilian distributed energy generation company \u00d3rigo Energia, with proceeds from the investment funding the construction of \u00d3rigo\u2019s pipeline of more than 2 GW of distributed solar generation projects. The transaction, expected to close in the first quarter [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":14882,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[36,4],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>I Squared Invests $400 Million in Brazil-based Clean Energy Platform \u00d3rigo Energia - ESG Today<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.esgtoday.com\/i-squared-invests-400-million-in-brazil-based-clean-energy-platform-origo-energia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"I Squared Invests $400 Million in Brazil-based Clean Energy Platform \u00d3rigo Energia - ESG Today\" \/>\n<meta property=\"og:description\" content=\"Global infrastructure investment manager I Squared Capital announced today an agreement to invest up to $400 million in Brazilian distributed energy generation company \u00d3rigo Energia, with proceeds from the investment funding the construction of \u00d3rigo\u2019s pipeline of more than 2 GW of distributed solar generation projects. The transaction, expected to close in the first quarter [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.esgtoday.com\/i-squared-invests-400-million-in-brazil-based-clean-energy-platform-origo-energia\/\" \/>\n<meta property=\"og:site_name\" content=\"ESG Today\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ESGToday\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-08T15:49:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-08T15:49:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2024\/01\/Solar-Origo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"975\" \/>\n\t<meta property=\"og:image:height\" content=\"661\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mark Segal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@EsgToday\" \/>\n<meta name=\"twitter:site\" content=\"@EsgToday\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark Segal\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.esgtoday.com\/i-squared-invests-400-million-in-brazil-based-clean-energy-platform-origo-energia\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.esgtoday.com\/i-squared-invests-400-million-in-brazil-based-clean-energy-platform-origo-energia\/\"},\"author\":{\"name\":\"Mark Segal\",\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/person\/5b95966b7f094fed5324963b6f48f30e\"},\"headline\":\"I Squared Invests $400 Million in Brazil-based Clean Energy Platform \u00d3rigo Energia\",\"datePublished\":\"2024-01-08T15:49:13+00:00\",\"dateModified\":\"2024-01-08T15:49:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.esgtoday.com\/i-squared-invests-400-million-in-brazil-based-clean-energy-platform-origo-energia\/\"},\"wordCount\":310,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.esgtoday.com\/#organization\"},\"articleSection\":[\"Energy Transition\",\"Private Equity &amp; Venture Capital\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.esgtoday.com\/i-squared-invests-400-million-in-brazil-based-clean-energy-platform-origo-energia\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.esgtoday.com\/i-squared-invests-400-million-in-brazil-based-clean-energy-platform-origo-energia\/\",\"url\":\"https:\/\/www.esgtoday.com\/i-squared-invests-400-million-in-brazil-based-clean-energy-platform-origo-energia\/\",\"name\":\"I Squared Invests $400 Million in Brazil-based Clean Energy Platform \u00d3rigo Energia - ESG Today\",\"isPartOf\":{\"@id\":\"https:\/\/www.esgtoday.com\/#website\"},\"datePublished\":\"2024-01-08T15:49:13+00:00\",\"dateModified\":\"2024-01-08T15:49:14+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.esgtoday.com\/i-squared-invests-400-million-in-brazil-based-clean-energy-platform-origo-energia\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.esgtoday.com\/i-squared-invests-400-million-in-brazil-based-clean-energy-platform-origo-energia\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.esgtoday.com\/i-squared-invests-400-million-in-brazil-based-clean-energy-platform-origo-energia\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.esgtoday.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"I Squared Invests $400 Million in Brazil-based Clean Energy Platform \u00d3rigo Energia\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.esgtoday.com\/#website\",\"url\":\"https:\/\/www.esgtoday.com\/\",\"name\":\"ESG Today\",\"description\":\"ESG investing news, analysis, research and information\",\"publisher\":{\"@id\":\"https:\/\/www.esgtoday.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.esgtoday.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.esgtoday.com\/#organization\",\"name\":\"ESG Today\",\"url\":\"https:\/\/www.esgtoday.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/05\/ESG-Today-Logo.png\",\"contentUrl\":\"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/05\/ESG-Today-Logo.png\",\"width\":618,\"height\":350,\"caption\":\"ESG Today\"},\"image\":{\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/ESGToday\/\",\"https:\/\/twitter.com\/EsgToday\",\"https:\/\/www.linkedin.com\/company\/esg-today\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/person\/5b95966b7f094fed5324963b6f48f30e\",\"name\":\"Mark Segal\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/8d2c84bad724b64915992cd5776c70fb?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/8d2c84bad724b64915992cd5776c70fb?s=96&d=mm&r=g\",\"caption\":\"Mark Segal\"},\"url\":\"https:\/\/www.esgtoday.com\/author\/infoesgtoday-com\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"I Squared Invests $400 Million in Brazil-based Clean Energy Platform \u00d3rigo Energia - ESG Today","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.esgtoday.com\/i-squared-invests-400-million-in-brazil-based-clean-energy-platform-origo-energia\/","og_locale":"en_US","og_type":"article","og_title":"I Squared Invests $400 Million in Brazil-based Clean Energy Platform \u00d3rigo Energia - ESG Today","og_description":"Global infrastructure investment manager I Squared Capital announced today an agreement to invest up to $400 million in Brazilian distributed energy generation company \u00d3rigo Energia, with proceeds from the investment funding the construction of \u00d3rigo\u2019s pipeline of more than 2 GW of distributed solar generation projects. The transaction, expected to close in the first quarter [&hellip;]","og_url":"https:\/\/www.esgtoday.com\/i-squared-invests-400-million-in-brazil-based-clean-energy-platform-origo-energia\/","og_site_name":"ESG Today","article_publisher":"https:\/\/www.facebook.com\/ESGToday\/","article_published_time":"2024-01-08T15:49:13+00:00","article_modified_time":"2024-01-08T15:49:14+00:00","og_image":[{"width":975,"height":661,"url":"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2024\/01\/Solar-Origo.jpg","type":"image\/jpeg"}],"author":"Mark Segal","twitter_card":"summary_large_image","twitter_creator":"@EsgToday","twitter_site":"@EsgToday","twitter_misc":{"Written by":"Mark Segal","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.esgtoday.com\/i-squared-invests-400-million-in-brazil-based-clean-energy-platform-origo-energia\/#article","isPartOf":{"@id":"https:\/\/www.esgtoday.com\/i-squared-invests-400-million-in-brazil-based-clean-energy-platform-origo-energia\/"},"author":{"name":"Mark Segal","@id":"https:\/\/www.esgtoday.com\/#\/schema\/person\/5b95966b7f094fed5324963b6f48f30e"},"headline":"I Squared Invests $400 Million in Brazil-based Clean Energy Platform \u00d3rigo Energia","datePublished":"2024-01-08T15:49:13+00:00","dateModified":"2024-01-08T15:49:14+00:00","mainEntityOfPage":{"@id":"https:\/\/www.esgtoday.com\/i-squared-invests-400-million-in-brazil-based-clean-energy-platform-origo-energia\/"},"wordCount":310,"commentCount":0,"publisher":{"@id":"https:\/\/www.esgtoday.com\/#organization"},"articleSection":["Energy Transition","Private Equity &amp; Venture Capital"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.esgtoday.com\/i-squared-invests-400-million-in-brazil-based-clean-energy-platform-origo-energia\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.esgtoday.com\/i-squared-invests-400-million-in-brazil-based-clean-energy-platform-origo-energia\/","url":"https:\/\/www.esgtoday.com\/i-squared-invests-400-million-in-brazil-based-clean-energy-platform-origo-energia\/","name":"I Squared Invests $400 Million in Brazil-based Clean Energy Platform \u00d3rigo Energia - ESG Today","isPartOf":{"@id":"https:\/\/www.esgtoday.com\/#website"},"datePublished":"2024-01-08T15:49:13+00:00","dateModified":"2024-01-08T15:49:14+00:00","breadcrumb":{"@id":"https:\/\/www.esgtoday.com\/i-squared-invests-400-million-in-brazil-based-clean-energy-platform-origo-energia\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.esgtoday.com\/i-squared-invests-400-million-in-brazil-based-clean-energy-platform-origo-energia\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.esgtoday.com\/i-squared-invests-400-million-in-brazil-based-clean-energy-platform-origo-energia\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.esgtoday.com\/"},{"@type":"ListItem","position":2,"name":"I Squared Invests $400 Million in Brazil-based Clean Energy Platform \u00d3rigo Energia"}]},{"@type":"WebSite","@id":"https:\/\/www.esgtoday.com\/#website","url":"https:\/\/www.esgtoday.com\/","name":"ESG Today","description":"ESG investing news, analysis, research and information","publisher":{"@id":"https:\/\/www.esgtoday.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.esgtoday.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.esgtoday.com\/#organization","name":"ESG Today","url":"https:\/\/www.esgtoday.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.esgtoday.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/05\/ESG-Today-Logo.png","contentUrl":"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/05\/ESG-Today-Logo.png","width":618,"height":350,"caption":"ESG Today"},"image":{"@id":"https:\/\/www.esgtoday.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ESGToday\/","https:\/\/twitter.com\/EsgToday","https:\/\/www.linkedin.com\/company\/esg-today\/"]},{"@type":"Person","@id":"https:\/\/www.esgtoday.com\/#\/schema\/person\/5b95966b7f094fed5324963b6f48f30e","name":"Mark Segal","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.esgtoday.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/8d2c84bad724b64915992cd5776c70fb?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/8d2c84bad724b64915992cd5776c70fb?s=96&d=mm&r=g","caption":"Mark Segal"},"url":"https:\/\/www.esgtoday.com\/author\/infoesgtoday-com\/"}]}},"builder_content":"","_links":{"self":[{"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/posts\/14881"}],"collection":[{"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/comments?post=14881"}],"version-history":[{"count":0,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/posts\/14881\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/media\/14882"}],"wp:attachment":[{"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/media?parent=14881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/categories?post=14881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/tags?post=14881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}