UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

o

Rule 13d-1(b)

x

Rule 13d-1(c)

o

Rule 13d-1(d)

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

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

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

Item 1.

(a)

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

(b)

Address of Issuer’s 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”).

This statement amends Amendment No. 3 to Schedule 13G filed by South Lake, Quiroga, El Aromo and Asesorías e Inversiones Benjamín S.A. with the Securities and Exchange Commission (“Commission”) on November 15, 2019 (the “Prior Statement”), to disclose the acquisition by South Lake of 1,400,000 additional shares of the Issuer’s Common Stock, resulting in the Reporting Persons having direct and indirect ownership of over 10% of the Issuer’s Common Stock.

Quiroga directly owns approximately 71% of the issued and outstanding capital stock of El Aromo. El Aromo directly or indirectly controls (as a general partner with the power to manage) South Lake, direct owner of 13,548,476 shares of the Issuer’s Common Stock.

From November 13, 2019, to November 22, 2019, South Lake acquired 1,400,000 shares of the Issuer’s Common Stock (the “Share Purchase”), increasing South Lake’s direct ownership of the Issuer’s Common Stock to 13,548,476 shares, representing approximately 11.07% of the Issuer Common Stock.

South Lake is wholly owned by South Cone Investments Limited Partnership, a Canadian limited partnership (“South Cone”), which is controlled by its general partner El Aromo, which is controlled by Isidoro Quiroga Moreno as described above.

As a result of the Share Purchase increasing South Lake’s beneficial ownership of the Issuer’s Common Stock to over 10%, the Reporting Persons are jointly filing this statement.

(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.

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.

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.

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

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