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500.000 €

100% funded by 2270 investors

Dispower: energy for all

Location Pin Svg
Bogotá, CO

instalment

quarterly

term

2 years

yearly interest

9.15%

risk rating

B-

Energy service provision and empowerment in rural areas

Description

DISPOWER E.S.P.  is a Colombian utility company dedicated to operating and maintaining energy solutions in remote rural areas of Colombia.

This funding campaign aims to strengthen and expand DISPOWER's operation in remote rural areas that do not have access to energy (non-interconnected areas), ensuring that more communities can benefit from sustainable energy solutions. The funds raised will be directed to three main areas:

  1. Strengthening technical service - Improve the customer service team to provide better support, and optimise customer strategies. Increase operational capacity by hiring more technical staff, and offering rapid problem resolution in rural areas.
  2. Community training - Expand educational programmes on the efficient use of energy and basic maintenance of electrical equipment, empowering users to optimise resources and guarantee electricity services. Training plans will also be implemented to promote community ownership of the sustainability model.
  3. Growth of operational infrastructure - Technological improvements will be implemented in operational processes to increase efficiency and prepare to serve a greater number of users assigned by the State, ensuring the continuity and quality of service in a context of sustained expansion.

The investment will allow DISPOWER to serve more people and optimise the quality of service, fostering operational sustainability and reducing costs through economies of scale. In terms of expansion, DISPOWER is expected to strengthen its presence in new rural areas, consolidating its position in the renewable energy sector in Colombia. In addition, the social impact is expected to be profound, improving the quality of life of vulnerable communities, empowering them, and ensuring equitable access to energy. The goal is for this model to become scalable lay the foundations for a sustainable energy transition on a national scale.

The Impact

Improving energy access in Colombia's Non-Interconnected Zones (ZNI): Dispower's services are transforming access to renewable energy in 16 of Colombia's Non-Interconnected Zones (ZNI), rural and remote areas without connection to the national grid. Thanks to its operating model, in alliance with Colombian government subsidies, Dispower facilitates continuous access to electricity for families, reducing the energy gap in the country and promoting equal opportunities in vulnerable regions.

Improving quality of life through electricity reliability: Dispower's operating model was designed to guarantee a safe, reliable and sustainable supply of electricity in isolated areas. Many families in the ZNIs lacked electricity or relied on costly and inefficient methods such as diesel generators, candles or lanterns. Dispower's decentralized photovoltaic plants supply power to specific households or schools, adapting to the particular needs of each family or school community. This solution ensures reliable electricity day and night, allowing the use of household and school appliances and adequate lighting that significantly improves the quality of life and functioning of the educational facilities.

Impact on communities and people benefited: Dispower serves 16 rural and remote communities, reaching 8,502 households and schools with an average of four members per family, impacting more than 34,000 people, including school children. Of these communities, 11 are made up mainly of indigenous groups, which represent 80% of the beneficiary households, or nearly 20,000 people. The indigenous communities served include groups such as the Sikuani, Wayuu, Embera Katío, Murui, Kichwa, Coreguaje, Siona, Huitoto, Cubeo, Tukano, among others.
Dispower also provides training for the users around efficient and responsible use of electricity and maintenance of equipment.

This loan supports Dispower's operations, enabling services for approximately 1,360 households and benefiting 5,589 people in the ZNIs by providing improved access to energy and enhancing their quality of life through greater electricity reliability.

 Promotion of clean energy and cost reduction: The use of electricity generated by solar plants is contributing significantly to the transition to clean energy, improving air quality and reducing CO2 emissions in the ZNI. By replacing diesel with solar energy subsidized by the Colombian government, households enjoy more affordable costs. With an annual production of more than 10,000 MWh of clean energy, Dispower's installations avoid the emission of more than 5,000 tons of CO2 per year, which is equivalent to the carbon dioxide absorption of more than 70,000 trees in the same period.

Impact Indicators

Metrics Svg

5.589

people impacted

Sustainable Development Goals

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Financial viability

The financial viability of the loan is supported by Dispower's revenue model, which combines government subsidies with payments from energy end users, ensuring stability and minimising variability in payments from beneficiary communities. By leveraging existing infrastructure, upfront costs are significantly reduced, allowing more resources to be allocated to operation and maintenance.

The high demand for energy solutions in rural areas ensures a steady market, while the project's scalable design allows it to increase revenues by expanding to new communities. In addition, its positive social and environmental impact aligns it with public policies and corporate programmes, attracting both government and private support.

The proven experience of Dispower and its partners in implementing similar projects ensures efficient management and reduces the project's risks.

The repayment schedule is structured on a quarterly basis, aligned with the subsidy receipts. These revenues, corresponding to accounts receivable, are transferred directly by the government, ensuring a reliable and regular source to meet financial commitments.

The promoter is currently finalising the bureaucratic process required to start receiving government subsidies.

Withholding tax - depending on your tax residency, the interest earned on this project is subject to tax withholding according to Colombian law. For more information, please check these FAQ:

Capital at risk - investing involves the risk of losing part or all of the money you invest.  Although Goparity implements risk-mitigation measures, to further reduce the risk of capital loss, please remember to diversify your portfolio to limit your exposure to specific projects. Learn more about risk mitigation here >

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Download the Financial Statements for the promoter here

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Download Key Investment Information Sheet

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Guarantees

Loans granted to the promoter DISPOWER S.A.S. E.S.P. by investors will have the following guarantees, provided for in the loan agreements associated with the campaign:

  • Corporate guarantee under Colombian law (Pagaré) of the company Smart Valley S.A.S. a Colombian commercial company with registered office at Calle 163 A # 20 -1, Bogotá D.C. and tax number 900.467.873-2, for the total amount of the debt.

The Promoter

About DISPOWER SAS ESP

Dispower E.S.P. is an energy utility company operating in the most remote rural areas of Colombia.

It aims to provide a high-quality service to communities through social empowerment strategies that facilitate ownership of energy solutions and promote local empowerment. The company is committed to ensuring that solar solutions provide access to more efficient energy, allowing greater use to carry out daily activities without inconvenience.

Its mission is to ensure reliable and affordable energy service to rural communities that have historically suffered from energy poverty. Dispower works under a sustainable model that promotes social development and energy efficiency, empowering communities through training and infrastructure improvement.

The company follows global trends in energy transition and sustainability, addressing the urgent need to ensure access to clean energy in vulnerable communities.

The team

Juan Diego Gómez Zuluaga

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Board member and co-founder

Professional in international business administration, Juan holds an MBA. He is a serial entrepreneur with over 14 years of experience in profitable business expansion and has been a leader in the renewable energy sector since 2008. Juan has deep expertise in technology development, scalable and sustainable business models, and public policy innovation. He is an expert in managing the complexities of the energy transition through centralised and decentralised solutions. Recognised for his commitment to driving sustainable growth and innovation in the industry.

Mauricio Hoyos

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Board member and co-founder

With more than 12 years of experience in the solar energy industry, Mauricio is a leading entrepreneur and CEO of several companies, including PuntoRed, one of the largest Fintech companies in Colombia. He is a business administrator from CESA in Bogotá and has been recognised for his achievements in innovation and entrepreneurship by institutions such as MIT, Ernst & Young and Endeavor. In 2017, he received the Grand Master Champion award at the Endeavor Idol Pitch Contest at Harvard University. He is currently CEO of T-Valley and participates as an investor in Shark Tank Colombia.

Catalina Jiménez

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General manager

Extensive experience leading multidisciplinary teams and managing high-impact projects. Track record includes deep knowledge of energy regulation, as well as significant experience in the government sector with utilities, oil, gas, and government entities. Outstanding skills in strategic direction, ensuring regulatory compliance and operational efficiency on complex projects.

Business Model

Dispower E.S.P. operates and maintains solar infrastructures allocated by the State, ensuring that beneficiary families enjoy a reliable and high quality energy service under a 10-year concession model. Its approach not only guarantees access to energy, but also community empowerment and sustainable development.

Dispower E.S.P.'s model is based on a monthly tariff that combines state subsidies with a contribution from users, creating a solid and affordable financial scheme. It also implements strategies for social empowerment, technical maintenance and personalised attention, ensuring that each community takes ownership of the solutions and feels supported at all times.

Active since

2022

Fiscal country

CO

Operating In

Industry

Energy

Number of Goparity Loans

1

Women Shareholders

No

Updates

2024-12-16

100% funded

2267 investors successfully raised 500.000€

2024-12-10

Open for investment

This campaign is open for investment

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