Filing Details

Accession Number:
0001104659-20-004209
Form Type:
13G Filing
Publication Date:
2020-01-15 11:42:12
Filed By:
South Lake One, Llc
Company:
Enphase Energy Inc. (NASDAQ:ENPH)
Filing Date:
2020-01-15
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
South Lake One 13,548,476 0 13,548,476 0 13,548,476 11.07%
Isidoro Quiroga Moreno 13,548,476 0 13,548,476 0 13,548,476 11.07%
Inversiones El Aromo Limitada 13,548,476 0 13,548,476 0 13,548,476 11.07%
Filing

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934
(Amendment No.     )*

 

Enphase Energy, Inc.

(Name of Issuer)

Common Stock, par value $0.00001 per share

(Title of Class of Securities)

29355A107

(CUSIP Number)

January 15, 2020

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o

Rule 13d-1(b)

x

Rule 13d-1(c)

o

Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 


 

CUSIP No. 29355A107

13G

 

 

 

1

Names of Reporting Persons
South Lake One, LLC

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
13,548,476

 

6

Shared Voting Power
0

 

7

Sole Dispositive Power
13,548,476

 

8

Shared Dispositive Power
0

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
13,548,476

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
11.07%

 

 

12

Type of Reporting Person (See Instructions)
PN

 

2


 

CUSIP No. 29355A107

13G

 

 

 

1

Names of Reporting Persons
Isidoro Quiroga Moreno

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Chile

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
13,548,476

 

6

Shared Voting Power
0

 

7

Sole Dispositive Power
13,548,476

 

8

Shared Dispositive Power
0

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
13,548,476

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
11.07%

 

 

12

Type of Reporting Person (See Instructions)
IN, HC

 

3


 

CUSIP No. 29355A107

13G

 

 

 

1

Names of Reporting Persons
Inversiones El Aromo Limitada

 

 

2

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Chile

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
13,548,476

 

6

Shared Voting Power
0

 

7

Sole Dispositive Power
13,548,476

 

8

Shared Dispositive Power
0

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
13,548,476

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11

Percent of Class Represented by Amount in Row (9)
11.07%

 

 

12

Type of Reporting Person (See Instructions)
FI, HC

 

4


 

Item 1.

 

(a)

Name of Issuer:
Enphase Energy, Inc. (the Issuer)

 

(b)

Address of Issuers Principal Executive Offices:
47281 Bayside Parkway, Fremont, CA 94538

 

Item 2.

 

(a)

Name of Person Filing:
This statement is being filed on behalf of the following (collectively, the Reporting Persons): (i) South Lake One, LLC (South Lake); (ii) Isidoro Quiroga Moreno (Quiroga); and (iii) Inversiones El Aromo Limitada (El Aromo).

Quiroga directly owns approximately 71% of the issued and outstanding capital stock of El Aromo. El Aromo directly controls South Cone Investments Limited Partnership, a Canadian limited partnership (South Cone), as its general partner with the power to manage South Cone. South Cone directly owns 100% of the issued and outstanding capital stock of South Lake, which directly owns 13,548,476 shares of the Issuers Common Stock.

 

(b)

Address of Principal Business Office or, if none, Residence:

The principal business address of South Lake is:

 

250 West 55th Street, New York, New York

 

The principal business address of each other Reporting Person is:

 

5711 Pdte. Riesco, office No. 1602

Las Condes, Santiago

Chile

 

(c)

Citizenship:
South Lake One, LLC is organized under the laws of the State of Delaware. Each other Reporting Person is organized under the laws of Chile, or a resident of Chile.

 

(d)

Title of Class of Securities:
Common Stock, par value $0.00001 per share.

 

(e)

CUSIP Number:
29355A107

 

Item 3.

 

Not applicable.

 

5


 

Item 4.

Ownership:

The information required by Items 4(a)-4(c) is set forth in Rows 5-11 of the cover pages for each Reporting Person and is incorporated herein by reference.

 

South Lake owns 13,548,476 shares of Common Stock of the Issuer. South Lake is wholly owned by South Cone, which is controlled by its general partner El Aromo, which is controlled by Quiroga as described above.

 

Item 5.

Ownership of Five Percent or Less of a Class:

Not applicable.

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person:

Not applicable.

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company:

Not applicable.

 

Item 8.

Identification and Classification of Members of the Group:

Not applicable.

 

Item 9.

Notice of Dissolution of Group:

Not applicable.

 

6


 

Item 10.

Certification:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

SIGNATURES

 

After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

 

 

Date:  January 15, 2020

 

 

 

SOUTH LAKE ONE, LLC

 

 

 

 

 

By:

/s/ María Victoria Quiroga

 

Name: María Victoria Quiroga

 

Title: Authorized Representative

 

 

 

 

 

ISIDORO QUIROGA MORENO

 

 

 

 

 

By:

/s/ María Victoria Quiroga

 

Name: María Victoria Quiroga

 

Title: Attorney-in-fact

 

 

 

 

 

INVERSIONES EL AROMO LIMITADA

 

 

 

 

 

By:

/s/ Felipe Correa

 

Name: Felipe Correa

 

Title: General Counsel

 

7