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Empower New Energy is backed by a unique blend of public and private impact investors.

Following the initial fundraising in 2019, the largest shareholders were ElectriFi, Norfund and 12 private mostly Norwegian impact investors. In November 2022, Empower New Energy completed its Series B capital raise, with Climate Fund Managers representing Climate Investor One becoming our lead investor 


The blended finance fund Climate Investor One has invested 58 million USD into Empower New Energy. The funders and investors in Climate Investor One are a.o the EU, the Green Climate Fund (GCF), USAID  Nordic Development Fund (NDF), Triodos Bank, KLP, Aegon.

Climate Investor One is managed by Climate Fund Managers,  a leading blended finance fund manager dedicated to securing a sustainable future through investing across global emerging markets.  CFM is established as a joint venture between the Dutch development bank FMO and Sanlam Infraworks – part of the Sanlam Group of South Africa.

Norfund is the Norwegian Investment Fund for developing countries. Their mission is to create jobs and to improve lives by investing in businesses that drive sustainable development. Contributing to increased supply and access to stable clean electricity is a key priority for Norfund.

EDFI ElectriFI is an EU-funded impact investment facility, financing in early-stage private companies and projects, focusing on new/improved electricity connections as well as on generation capacity from sustainable energy sources in emerging markets.

Based in Rio de Janeiro and Oslo, Janeiro Energy is a Nordic-Brazilian group focused on building companies and investing in technology, energy transition and people with innovative mindset and high ambitions.​

Janeiro Energy is founded by Norwegian entrepreneurs with more than 50 years of experience in Brazil, a proven track record for building companies and creating shareholder value.

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