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Leo Invested in a Guatemalan Company Aiming to Eradicate Energy Poverty

In the decades that Leonardo DiCaprio has gone from child actor to A-list star, he’s also become an ardent champion of environmentalism. Since the 1990s, DiCaprio has invested time and money to raise awareness about climate change, endangered species, and other issues. Now, the actor has joined Kingo Energy – a company that aims to “eradicate energy poverty” – as a board member and investor.

DiCaprio made his announcement on social media along with a video that illustrates the challenges that those in remote locations face because of a lack of electricity. The solar tech company is offering a prepaid energy service to small and remote areas. Founded in 2013, Kingo has installed more than 60,000 units.

Solar power is key to a future without fossil fuels, and @KingoEnergy’s technology will help enable broad use of clean energy across the developing world. Proud to invest in and be an advisor for Kingo as they seek to eradicate energy poverty. Learn more:

— Leonardo DiCaprio (@LeoDiCaprio) April 26, 2018

“We are honored to have Leonardo DiCaprio, someone who is seriously committed to addressing climate and environment-related causes, invest in Kingo and join our board of advisors,” said Juan Fermín Rodriguez, the Guatemalan founder and CEO of Kingo. “Leo will help advise Kingo as we work to achieve growth through expanded R & D capabilities and new market entry strategies. We remain committed to developing innovative solutions to the 1.2 billion people who currently live in the dark.”

This isn’t the first time Leo has talked about Guatemala. A couple months ago, he denounced deforestation taking place in the Maya Biosphere Reserve.

Source: Remezcla