Bahlam Capital Provides Mezzanine Loan to Albedo Solar

GUATEMALA CITY--(BUSINESS WIRE)--Bahlam Capital (“Bahlam”), a Central American-based private equity firm focused on transformational growth opportunities, announced that it provided growth capital in the form of a mezzanine loan to Albedo Solar Leasing, S.A. (“Albedo” or “the Company”) on July 17, 2024.

Guatemala-based Albedo offers small- and medium-sized enterprises (SMEs) access to reliable solar power at competitive prices. Founded with the mission to combat climate change, Albedo helps businesses struggling with high electricity costs by making solar energy more accessible. Access to affordable and dependable energy remains a key barrier to growth in Central America—Albedo is directly addressing this challenge.

“We are excited to partner with Albedo,” said Michael Barjum, a Founding Partner at Bahlam Capital. “Albedo has a compelling business model, a strong management team, and they are addressing a critical, unmet need in the region. We see ourselves as long-term partners and will support Albedo as they look to expand beyond Guatemala.”

Alex Macfarlan, CEO of Albedo, added, “Bahlam’s operating track record and broad network in Central America made them an ideal partner for us. Their swift and effective underwriting process was instrumental in helping us secure key projects and meet growing demand. We look forward to working with Bahlam as we continue to grow.”

About Bahlam Capital

Founded in 2023, Bahlam provides growth capital to medium-sized companies in Central America, with an aim to drive transformational growth. The firm identifies, funds, and executes on the most promising growth opportunities for mid-sized companies in the region. Bahlam seeks companies at an inflection point, eager to expand their commercial offering or to move up the value-creation chain, with a focus on three main sectors: manufacturing, business services, and agro-processing. Bahlam’s principals bring over a decade of operating experience in Central America and believe that private capital, applied strategically, is vital to the region’s development and key to creating higher-paying jobs in Central America. Bahlam has offices in Tegucigalpa, Honduras, and Miami, Florida. For more information, please visit: bahlamcapital.com or follow us at linkedin.com/company/bahlamcapital.

Contacts

Michael Barjum
Founding Partner
mbarjum@bahlamcapital.com