IDB Invest has made a $5 million equity investment in Ignite Holding Company (Kingo Energy), a provider of prepaid solar energy to homes and small businesses in rural communities not connected to the electricity grid. The funds will help Kingo Energy to finance its growth business plan, through its operational subsidiaries in Guatemala and Colombia, and improve its business model. Kingo Energy’s business model in Latin America combines Solar Home Systems with a pay-as-you-go service for the base-of-the-pyramid in remote rural communities.