Juan is an Unreasonable Fellow.
Founder and CEO; Launched Kingo Energy in 2013. Kingo provides a distributed renewable electricity service that has become a scalable solution to one of the grandest challenges facing humanity: ENERGY. The company is creating the largest CLEAN ENERGY USER BASE IN HISTORY, and has a vision to reach 100 million users by 2035.
Kingo has experienced a dramatic growth over the last 4 years in the off-grid sector, going from a 500 home pilot in January 2015, to 60,000 homes as of December 2018. Still, 17% of the world’s population lacks access to power. These 1.2 billion people pay for the most expensive energy substitutes (candles/kerosene/diesel), making solar here more affordable vs. any other market in the economy. The Company is on a successful path to positively impact 250,000 households by 2019, and has already raised capital to execute a strategic plan to reach 1 million homes by 2020.
Kingo has raised $30.0 Million in several equity and debt rounds lead by prominent investors and institutions including the global pioneer in value added investments (PeopleFund), the largest utility in Europe (ENGIE Rassembleurs d'Energies), and the innovation fund of one of the largest utilities in Latin America (FCP, from EPM). Kingo has also raised funds from the Dutch Development Bank (FMO), the French Development Bank (Proparco) and the Inter-American Development Bank (IDB); all of whom are looking to provide significant funding over the next years for Kingo's global expansion and technology developments. Other key partners include Leonardo DiCaprio, who has joined the Company as an investor and advisor.
Kingo’s mission is to turn lives ON. By pulling the curve of innovation, Kingo has set itself as a trailblazer in the evolution of the world’s energy consumption. Join us, and let’s turn lives ON together!