Atta Impact Capital Invests in Albedo Solar to Advance Renewable Energy Adoption in Guatemala
Guatemala City, Guatemala; January, 2025. Albedo Solar was founded to combat climate change while fostering job creation among small and medium-sized enterprises (SMEs) in Central America. The company facilitates access to solar energy for SMEs, nonprofit organizations, educational institutions, and high-impact businesses—including women-led and youth-led enterprises—struggling with high electricity costs.
Albedo Solar provides high-quality solar installations with accessible financing options that cover 90-100% of the initial costs. Clients repay these investments over a period of three to four years through fixed monthly payments, which are comparable to their existing electricity expenses. This model enables businesses to achieve up to an 85% reduction in energy costs over a period exceeding 22 years, yielding a sixfold return on investment and enhancing overall net profitability by approximately 9%. The resulting financial relief promotes business sustainability, minimizes environmental impact, and drives job creation.
From left to right: Javier Rossi (Sales Director), Claudia Sanchez (Operations Director), Stephanie Girón (Finance Director), Jacob Stern (Co-Founder & CFO) & Alex Macfarlan (Co-Founder & CEO).
The company has a robust project pipeline exceeding $12 million USD for 2025 and is experiencing annual sales growth of 2-3x. Operating in a region characterized by high electricity costs and limited financing options for SMEs pursuing sustainability initiatives, Albedo Solar offers a scalable and sustainable solution to a pressing economic and environmental challenge. By combining accessible financing with high-quality solar installations, Albedo empowers businesses to achieve energy independence while significantly reducing their carbon footprint.
At Albedo Solar, we’re making clean energy accessible to small- and medium-sized businesses across Central America. Our affordable financing and high-quality solar installations help clients reduce their often-exorbitant power bills by up to 85%—without disrupting their business cash flow. Beyond fighting climate change, social impact drives our mission: 59% of our clients are high-impact organizations, including women-led businesses and nonprofits. Thanks to partners like ATTA Impact Capital, who share our impact-focused vision, we can scale faster and maximize our impact as we grow.
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– Alex Macfarlan, Co-founder and CEO of Albedo Solar.
Albedo Solar's mission aligns with our commitment to supporting companies that generate positive impact in the Central American region. By facilitating the adoption of renewable energy, Albedo not only helps businesses achieve substantial cost savings but also contributes to environmental sustainability by reducing carbon emissions. We firmly believe that Albedo's model will revolutionize the renewable energy market in Guatemala by providing accessible financing solutions where no one else has done so before.
– Abigail Napsuciale, Head of Investments at Atta Impact Capital.
Atta Impact Capital aims to play a catalytic role in Albedo Solar’s future fundraising efforts to support its expansion throughout Central America and the continued growth of its client portfolios. Additionally, ATTA, in collaboration with Albedo's team, will monitor key metrics such as the number of businesses achieving energy independence, the reduction in electricity costs for those businesses, and the decrease in carbon emissions resulting from the adoption of solar energy systems.
Learn more about Albedo Solar at https://albedo-solar.com/en/ and discover how your business can benefit from their sustainable energy financing solutions.
About Atta Impact Capital, Inc
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Atta Impact Capital increases access to capital in emerging impact investment ecosystems. Through the Mesoamerican Catalytic Fund I, they invest in impact-driven companies in the "missing middle" of Central America and Southern Mexico. For more information, please visit www.attaimpact.capital. If you are looking for funding for your company, apply here and we’ll reach out to you soon.
Abigail Napsuciale | Head of Investments & Co-founder | abigail@attaimpact.capital