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Powering LATAM · Energy Developer & Engineering Firm · Since 2017
Every energy need has an optimal solution. We find it.
ENERGY33 identifies, structures, develops, builds, owns, and operates power plants across Latin America, while providing technical and financial engineering to companies developing their own projects. We start with the energy resource available at the site and work backwards — selecting the technology and equipment that can deliver reliable, low-cost power while maximizing the project’s profitability.
- Fuels we work with
- Associated gas · Natural gas · LNG · Heavy fuel oil · Diesel · Biomass · Waste heat · Refinery residues · Solar
- Technologies we design with
- Reciprocating engines · Gas turbines · Steam turbines · Boilers · Combined cycle · Cogeneration · Heat recovery · Solar PV · Battery storage
- How we make projects bankable
- Tariff structuring · PPA negotiation · Project finance · Tax structuring · Financial close
What we do
Two business lines. One integrated capability.
ENERGY33 combines engineering expertise with financial structuring to take energy projects from concept to operation. This integrated approach enables us to select the optimal technology for each application and structure each project to maximize profitability and ensure bankability.
Project development
For projects we originate, ENERGY33 serves as both developer and owner, managing the full project lifecycle from development and financing through construction and operation.
- Development funded from our own balance sheet
- Financial, technical, and legal structuring
- Public tender participation and PPA negotiation
- Fuel, equipment, and strategic partner sourcing
- Management of the project finance process
- Construction and operational responsibilities tailored to each partner’s capabilities
Engineering & financial structuring
For third-party projects, ENERGY33 applies the same integrated engineering and financial approach we use to develop and invest in our own projects. Acting as a development and execution partner, we structure each project with an owner’s perspective — selecting the right technology, maximizing profitability, achieving bankability, and managing execution through completion.
- Conceptual, basic, and detailed engineering
- Technical and financial feasibility studies
- EPC tender design, evaluation, and negotiation
- Financial structuring and support through bank financing
- Construction management, commissioning, and project delivery
Projects
Power plants in operation and awarded
15.0 MW contracted to 2030
68.5 MW developed & owned
3 markets in operation
How we choose
Start with the resource. Work backwards. Make it economically viable.
We start with the energy resource available at the site and work backwards to determine the technology and configuration that can extract the greatest economic value from it. That means looking beyond the obvious solution to identify energy that might otherwise be wasted — associated gas being flared, exhaust heat that can be recovered for steam or cooling, or pressure differentials that can generate power instead of being dissipated through a valve.
At Ocultún, associated gas that had been flared at the wellhead is treated and converted into electricity. At Carbocoque and Coquecol, heat previously vented from coke ovens was evaluated for recovery to generate 35 MW of power. Villanueva and Puerto Carreño use plantation-grown biomass that is replanted as fuel. In Guatemala, both phases of the Ocultún project use domestically produced natural gas to displace more carbon-intensive generation from coal and heavy fuel oil on the national grid.
Because ENERGY33 has worked across a broad range of generation technologies and equipment manufacturers, we are not tied to a particular solution. We evaluate alternatives based on efficiency, reliability, capital cost, operating cost, and overall project economics, then integrate the optimal technical solution with the financial structure needed to make the project economically viable and bankable.
Our experience spans reciprocating engines, gas and steam turbines, boilers, combined-cycle systems, cogeneration, waste-heat recovery, solar, and battery storage. We have worked with equipment from manufacturers including Wärtsilä, Caterpillar, Jenbacher, Guascor, Waukesha, MTU, MAN, Hyundai, STX, Siemens, Solar Turbines, GE, Pratt & Whitney, Nebraska Boiler, Thermax, ISGEC, Shin Nippon, and Triveni.
Experience by fuel and application
Operating indicates a plant currently in operation. Entries with no badge are engineering and advisory mandates — studies, feasibility and design work carried out for other companies, or projects under development, listed in full below.
By the numbers
ENERGY33 and its founders
ENERGY33 · Since 2017
Leadership experience brought to ENERGY33
Recent project experience
Nine markets since 2017. Four with steel in the ground.
Guatemala
Honduras
Colombia
Ecuador
Mexico
Bahamas
Puerto Rico
Argentina
Bolivia
Solid markers are markets with plants we developed or engineered. Outlined markers are markets where we have delivered studies, feasibility work or development mandates.
Project data sheets
Experience
40.5 MW of self-generation for one of LATAM’s largest copper mines
Ecuador’s power shortages have pushed large industrial consumers to secure their own generation for the hours the grid cannot serve them. This plant is what keeps Ecuacorriente mining through those interruptions.
ENERGY33 led the financial, technical and legal structuring and operates the plant. Power Solutions N.V. supplied the equipment, installation and commissioning. The plant was built within months of the site becoming available.
After its first year, Ecuacorriente extended the arrangement by a further 16 months — taking committed service past two and a half years.
“We are excited to work with great partners like Power Solutions to co-develop projects throughout LATAM, and to become a trusted supplier to Ecuacorriente as they continue to develop their mine into one of the biggest and best in LATAM.”
Brett Hall · CEO, ENERGY33
| Capacity | 40.5 MW |
|---|---|
| Fuel | Diesel |
| Technology | Caterpillar containerised gensets |
| Duty | Emergency backup generation |
| Client | Ecuacorriente S.A. |
| Partner | Power Solutions N.V. |
| Our role | Development, structuring, operations |
| Commercial operation | 1 Sep 2025 |
| Status | Operating · extended 16 months from Sep 2026 |
| Announcement | PRLog, Nov 2025 ↗ |
Flared gas turned into 13 MW, displacing coal and heavy fuel oil
Built at City Petén’s production facility, the plant runs on associated gas — gas that comes up with the oil and was previously flared. Treated on site and burned in engines, it displaces the coal and heavy fuel oil that has long covered a share of Guatemala’s generation.
ENERGY33 led development — financial, technical and legal structuring, and the coordination that held the partnership together. City Petén supplies gas from Ocultún. VPower Group supplied the generating equipment and runs operations and maintenance.
The plant entered the spot market in April 2024, was classified an Efficient Firm Energy Plant that June, and began its 15-year AMM contract in May 2026.
“ENERGY33 played a pivotal role in the project development, implementation and strategic guidance of the electricity market to bring this project to fruition and secure the 15-year energy sales contract.”
Jason Lee · CEO, VPower Group
| Capacity | 13.0 MW |
|---|---|
| Fuel | Associated gas from the Ocultún field, treated on site |
| Technology | Reciprocating engines |
| Offtaker | AMM · Guatemala wholesale market |
| Partners | City Petén · VPower Group |
| Our role | Development, financial/technical/legal structuring, market strategy; supplied the generating equipment and operations team through its suppliers |
| Contract | 15 years, from May 2026 |
| Status | Operating since April 2024 |
| Announcement | PRLog, Jul 2024 ↗ |
A 15 MW expansion, won on Guatemala’s PEG-5 tender
ENERGY33 and City Petén were awarded a 15 MW expansion at Ocultún under Guatemala’s PEG-5 public tender, on a 15-year term with supply beginning May 2030.
The expansion follows the ramp in City Petén’s gas production from 6.5 toward 23 MMSCF per day. Taken together, the two phases will put 28 MW into the Guatemalan market from gas that would otherwise be flared.
The plant will be installed in 2028; the 15-year contract begins on 1 May 2030. In between, the output is sold into the spot market — the same sequence we ran at Ocultún I, which sold spot from April 2024 before its AMM contract began in May 2026.
| Capacity | 15.0 MW guaranteed |
|---|---|
| Fuel | Associated gas from the Ocultún field, treated on site |
| Technology | Equipment selection in progress |
| Award | PEG-5 public tender, April 2026 |
| Partner | City Petén |
| Commercial operation | 2028 expected |
| Contract | 15 years, supply from 1 May 2030 |
| Before the contract | Installed 2028; output sold into the spot market until the PPA begins |
| Site total | 28 MW across both phases |
| Announcement | MONEC / Prensa Libre, Jun 2026 ↗ |
Our design underpins the largest wood biomass plant in Colombia
Colombia generates most of its power from hydro, which leaves the grid exposed whenever El Niño brings a long dry season. Biomass runs at availability factors above 85%, so it delivers the firm renewable capacity that wind and solar cannot.
ENERGY33 performed the conceptual engineering for Refocosta, prepared and managed the bid process, negotiated the EPC contracts and supported the bank financing — work that turned a project that was not viable as originally conceived into a bankable one. The EPC contract was signed; COVID then stalled the project, and Refocosta partnered with EDF to complete it.
The plant is owned and operated by Refoenergy Villanueva, a joint venture of EDF Power Solutions and Refocosta. It was commissioned in October 2025 as EDF’s first operating power plant in Colombia.
Fuel comes from eucalyptus plantations grown specifically for the project and replanted on a three-year rotation, so the carbon released on combustion is recaptured by the next crop.
“ENERGY33 made the project financially viable by performing the conceptual engineering and creating a competitive bidding process that reduced the EPC investment by millions of US dollars.”
Javier Fuentes · VP Renewable Energy, Refoenergy
| Capacity | 25 MW net |
|---|---|
| Fuel | Eucalyptus biomass, sustainably managed plantations |
| Technology | Boiler + steam turbine |
| Owner | Refoenergy Villanueva S.A.S. E.S.P. EDF Power Solutions · Refocosta |
| Offtaker | Grupo Ecopetrol, via Gecelca S.A. |
| Our role | Conceptual engineering, bid specifications, management of the EPC tender, EPC contract negotiation and support for the bank financing (2022). No construction or construction-management role. |
| Annual output | More than 200 GWh · ~70,000 t CO₂ avoided per year |
| Commissioned | October 2025 |
| Announcement | EDF Power Solutions, Oct 2025 ↗ |
27 MW STX cogeneration — our second contract for the same client
Three years after delivering the 8.5 MW plant, Park Energy came back to us for a project three times the size. Repeat mandates from an industrial client are the clearest evidence that the first one went well.
ENERGY33 managed the full engineering scope — conceptual, basic and detailed — and coordinated the civil, mechanical and electrical contractors through installation and commissioning.
The plant now runs in parallel with the 14.9 MW cogeneration facility our founders built in 2006 and the 8.5 MW Hyundai plant we delivered in 2022 — three generations of plant at one site, 50.4 MW in total, all engineered by the same team.
“Thanks to ENERGY33’s expert management, both projects were completed on time and within budget. Their dependable partnership is crucial as we continue expanding our energy portfolio.”
Gustavo Raudales · General Manager, Park Energy parent company
| Capacity | 27.0 MW |
|---|---|
| Fuel | Heavy fuel oil (HFO) |
| Technology | STX cogeneration |
| Client | Park Energy (Grupo Karim) |
| Our role | Engineering and construction management |
| Completed | October 2025 |
| Site total | 50.4 MW across three plants |
| Announcement | PR Newswire, Oct 2025 ↗ |
5.5 MW that replaced electricity imported from Venezuela
Puerto Carreño sits on the Orinoco at the Venezuelan border, far from Colombia’s national grid. The town had been buying its electricity across the river. This plant ended that dependence with power generated from plantation wood grown a few hours away.
ENERGY33 performed the conceptual engineering, prepared and ran the EPC bid process, negotiated the contracts, supported the bank financing, and acted as owner’s engineer through construction to commissioning.
“ENERGY33 was an essential partner in the development and implementation of the Puerto Carreño wood chip power plant. They performed the conceptual engineering, specified the equipment and created a competitive bidding process that reduced the EPC investment by millions of dollars.”
Carlos Andrés López · President, Refocosta
| Capacity | 5.5 MW |
|---|---|
| Fuel | Plantation wood chips, sustainably managed forest |
| Technology | Boiler with steam turbine |
| Client | Refoenergy, a Refocosta company |
| Our role | Conceptual engineering, EPC bid process and negotiation, bank financing support, owner’s engineer through construction |
| Commissioned | November 2021 |
| Announcement | PRLog, Mar 2022 ↗ |
8.5 MW for Green Valley Industrial Park — installed in eight months
Park Energy supplies electricity, steam and chilled water to the multinational textile, automotive, apparel and light assembly tenants of Green Valley Industrial Park. They needed more capacity, fast.
The plant itself was a Hyundai unit previously installed in Panama, disassembled and shipped to Green Valley. ENERGY33 prepared the conceptual, basic and detailed engineering to retrofit it into its new location, and coordinated the civil, mechanical and electrical contractors through installation.
It runs in parallel with the 14.9 MW cogeneration plant our founders built on the same site in 2006. Park Energy returned in 2025 for a second, larger contract — the 27 MW STX plant above.
“ENERGY33 is managing the various contractors responsible for the civil, mechanical and electrical installation of the power plant to ensure that the project is being installed in accordance with the engineering plans. With ENERGY33’s project management expertise, we are confident that the power plant will be built on time and on budget.”
Juan Carlos Gómez · Director of Energy, Park Energy · May 2022, during construction
| Capacity | 8.5 MW |
|---|---|
| Fuel | Heavy fuel oil (HFO) |
| Technology | Hyundai gensets |
| Client | Park Energy (Grupo Karim) |
| Our role | Engineering and construction management |
| Schedule | Eight-month installation |
| Delivered | November 2022 |
| Announcement | PRLog, May 2022 ↗ |
Engineering and advisory mandates
Some are design and feasibility studies, some are tender awards, and some are engineering on plants already in operation. Plants we took through to commercial operation have their own project sheets above.
| Cap. | Project | Fuel · Technology | Scope | Client · Year |
|---|---|---|---|---|
| 5 MW | Solar PV · Dorado, Puerto Rico | Solar PV | Project development | Cementos Argos · 2022 |
| 1.21 MWp | Solar PV with storage · Siguatepeque, Honduras | Solar PV · 5 MW battery storage | Project development | Cargill · 2024 |
| 10 MW | Cogeneration · Yumbo, Colombia | Paper pith & sludge · Boiler + steam turbine | Technical and financial feasibility | Carvajal Pulpa & Papel · 2021 |
| 7.2 MW | Power plant · Bimini, Bahamas | LNG · Reciprocating engines | O&M technical assessment | New Fortress Energy · 2021 |
| 60 MW | LNG plant · San Pedro Sula, Honduras | LNG · Gas turbines, combined cycle | Technical and financial feasibility | AES · 2021 |
| 75 MW | Cogeneration · Matamoros, Mexico | Natural gas · Medium-speed engines vs turbines in combined cycle | Conceptual engineering and financial feasibility of both configurations | Distributed Power Solutions · 2020 |
| 45 MW | Cogeneration · Nayarit, Mexico | LNG / HFO · Boiler, gas turbine, engines | Technical and financial feasibility | Grupo Dragón · 2020 |
| 19 MW | Biomass project · Ingenio La Florida, Tucumán, Argentina | Vinasse–bagasse · Boiler + steam turbine | Originated, developed, awarded and sold to Genneia | Genneia · 2018 |
| 350 MW | Refinery cogeneration · Magdalena Medio, Colombia | Coal & petcoke · Boiler + steam turbine | Conceptual engineering and financial analysis | Ecopetrol / IEB · 2021 |
| 310 MW | Combined cycle · Guatemala, PEG-5 tender | Vaporised LNG · 5×1 combined cycle | Conceptual engineering and CAPEX estimation | Cardinal Energy · 2025 |
| 170 MW | Refinery cogeneration · Barrancabermeja, Colombia | DEMEX bottoms · Boiler + steam turbine | Conceptual engineering and financial analysis | Ecopetrol / IEB · 2021 |
| 332 MW | Seven sugar companies, averaging 47 MW each · Mexico and Argentina | Cane bagasse · Boiler + steam turbine | Conceptual engineering and financial analysis | Seven clients · 2018 |
| 105 MW | Combined cycle · Santa Cruz de la Sierra, Bolivia | Natural gas · Combined cycle turbine | Conceptual engineering and financial analysis | EGE Guaracachi · 2017 |
| 50 MW | Combined cycle · Santa Elena, Petén, Guatemala | Associated gas · Combined cycle | Conceptual engineering and financial analysis | City Petén · 2021 |
| 50 MW | LNG cogeneration · Gildan Rio Nance, Honduras | LNG · Boiler + steam turbine | Conceptual engineering and financial analysis | AES · 2021 |
| 35 MW | Coke-oven heat recovery · Lenguazaque and Ráquira, Colombia | Coke-oven waste heat · Boiler + steam turbine | Conceptual engineering and financial analysis | Carbocoque, Coquecol · 2019 |
Press and public record
In the News
-
ENERGY33 and City Petén awarded 15 MW under Guatemala’s PEG-5 public tender (CNEE resolution 97-2026)
MONEC / Prensa Libre ↗ -
Power Solutions partners with ENERGY33 to deliver a 40.5 MW temporary power project for Ecuacorriente
PRLog ↗ -
EDF Power Solutions and Refocosta commission the largest wood biomass plant in Colombia
EDF Power Solutions ↗ -
ENERGY33 completes its second engineering and construction management contract for a 27 MW STX cogeneration power plant in Honduras
PRLog ↗ -
ENERGY33 and City Petén begin operations of a 13 MW gas power plant in Guatemala
PRLog ↗ -
ENERGY33 awarded an engineering and construction management contract in Honduras
PRLog ↗ -
ENERGY33 completes engineering and development of a 5.5 MW biomass project in Colombia
PRLog ↗ -
ENERGY33 develops a 19 MW vinasse–bagasse biomass project awarded in Argentina’s RenovAr 2 auction
PRLog ↗
What partners say
“The ENERGY33 team has developed more than 800 MW with Siemens’ gas turbines in LATAM, and we view them as a valued partner for the development of power generation projects.”
“ENERGY33 played a pivotal role in the project development and implementation which enabled us to build the power plant and secure a 15-year energy sales contract utilizing City Petén’s natural gas.”
“ENERGY33 was an essential partner in the development and implementation of the Puerto Carreño wood chip power plant. They performed the conceptual engineering, specified the equipment and created a competitive bidding process that reduced the EPC investment by millions of dollars.”
“ENERGY33 played a pivotal role in the project development, implementation and strategic guidance of the electricity market to bring this project to fruition and secure the 15-year energy sales contract.”
“ENERGY33 is managing the various contractors responsible for the civil, mechanical and electrical installation of the power plant to ensure that the project is being installed in accordance with the engineering plans. With ENERGY33’s project management expertise, we are confident that the power plant will be built on time and on budget.”
“We are proud to become a key supplier of critical electricity to ECSA as they continue grow into one of the top copper mining operations in Latin America. We also look forward to further collaboration with ENERGY33 to expand our energy project portfolio across the region.”
Who you’ll work with
The ENERGY33 executive team
LinkedIn ↗
Background
Co-founded ENERGY33 in 2017 and sets the strategy behind its project pipeline — the Ecuador, Guatemala and Honduras projects on this page, and the tender awards behind them.
Twenty-eight years in energy. Previously twenty years at SoEnergy International as CFO and later EVP of its Permanent Power Division, where he structured and financed over 2,000 MW — including build-own-operate plants in Colombia funded non-recourse through IFC, CAF and IIC, and a $500 million issue that was the first project bond in Argentina in decades.
B.S. in Commerce, McIntire School of Commerce, University of Virginia.
LinkedIn ↗
Background
Co-founded ENERGY33 in 2017 and leads its engineering. Responsible for the conceptual engineering on the Colombian and Argentine biomass developments, and for engineering and construction management of both Green Valley plants in Honduras.
Nuclear engineer, trained at the University of Havana and the Moscow Power Institute, with a master’s in thermal sciences from the Universidad Politécnica de Madrid. Certified Distributed Generation and Cogeneration Professional and a Senior Member of ASME. He has taught thermodynamics, cogeneration and boiler operation at six universities, and published on cogeneration and flare-gas recovery.
Across his career his conceptual engineering spans plants from 7.5 MW to 1,000 MW — gas turbines, reciprocating engines, biomass, coal, waste heat and waste-to-energy — including seventeen years at SoEnergy International and a decade advising Ecopetrol, Promigas and other Colombian gas utilities on cogeneration.
LinkedIn ↗
Background
Co-founded ENERGY33 in 2017. He builds the financial model behind every project — tariff structures, project finance and tax structuring — prepares the investment memoranda taken to banks and investors, and runs each project through to financial close.
Industrial engineer and economist, with eighteen years in investment banking and corporate finance before and alongside ENERGY33 — corporate finance at SoEnergy International, and investment banking at Banicol in Bogotá covering valuations, equity and debt transactions and financial restructurings.
His work covers corporate valuation, mergers and acquisitions, equity and debt financing, project finance and financial restructuring — across every market and fuel ENERGY33 works in, from Guatemalan tender pricing to Colombian biomass and Ecuadorian mine self-generation.
LinkedIn ↗
Background
Senior Legal Advisor to ENERGY33 since 2021.
A partner at Shearman & Sterling from 1981 to 2000 and leader of its Bank Finance and Bankruptcy practice group, representing commercial and investment banks and corporate clients in multinational syndicated finance — complex senior secured lending, leveraged acquisition financing, project finance and private placements.
Later Senior Managing Director of Helm Holdings International and a director of Helm Bank in Colombia and the Cayman Islands, with board roles across the group’s energy, engineering and banking companies. For seventeen years a director of Birks & Mayors, the NYSE-listed jewellery group, chairing its Corporate Governance and Nominating Committee and sitting on its Audit Committee.
Columbia Law School, where she was an editor of the Columbia Law Review.
Background
Directs the engineering group at ENERGY33, running the conceptual and detailed design work behind the firm’s projects and engineering mandates.
Thirty-nine years of engineering experience in the energy sector. Engineering project director for more than 850 MW of generation using reciprocating engines and gas turbines in simple and combined cycle, with design and construction experience across power plants and oil and gas facilities.
Mechanical engineering degree from the Universidad Tecnológica de La Habana José Antonio Echeverría, Cuba.
Background
Manages construction for ENERGY33, acting as owner’s engineer on site through installation and commissioning.
Thirty-six years as an engineer and project manager in the energy sector, covering civil design, environmental impact studies and construction management across 500 MW of energy projects, with extensive owner’s engineer experience on power plant construction in Latin America.
Civil engineering degree from the University of Camagüey, Cuba.
Partners, clients and suppliers
- AES
- Siemens Energy
- Wärtsilä
- Rolls-Royce
- Caterpillar
- Wärtsilä
- GE
- Hyundai
- STX
- Power Solutions N.V.
- VPower Group
- Power Solutions N.V.
- City Petén
- Ecuacorriente
- New Fortress Energy
- Ecopetrol
- YPF
- Genneia
- Grupo Dragón
- Carvajal
- Refocosta
- Cementos Argos
- Grupo Karim
- Crowley
- Jenbacher
- MTU
- MAN Energy Solutions
- Guascor
- Waukesha
- Solar Turbines
- Pratt & Whitney
- Thermax
- ISGEC
- Nebraska Boiler
- Shin Nippon
- Triveni
- Balcanes
- Ledesma
- HMV
- IEB
Company record
ENERGY33 at a glance
- Legal entity
- ENERGY33 LLC
- Formed
- 6 March 2017
State of Florida, USA - Registration
- Florida Department of State, Division of Corporations
L17000051585
Verify on Sunbiz ↗ - Certificate of Status
- View the certificate ↗
Authenticate on Sunbiz ↗
using tracking number 9271724856CU - Headquarters
- 8725 NW 18th Terrace, Suite 106
Doral, FL 33172 · USA - Sector
- Independent power project development
Engineering services to the energy sector - Markets worked
- Guatemala · Honduras · Ecuador · Colombia
Mexico · Argentina · Bahamas · Puerto Rico - Leadership
- Brett D. Hall, CEO
LinkedIn ↗ - Company page
- linkedin.com/company/energy33 ↗
- Direct contact
- info@energy33.com
Start a conversation
Tell us about the site, the fuel and the energy requirement.
That’s usually all we need to tell you whether a project is worth pursuing — and we’ll tell you when it isn’t.
- Office
- 8725 NW 18th Terrace, Suite 106
Doral, FL 33172 · USA - info@energy33.com
- Best contact
- Email reaches the whole team and is answered the same day.
- linkedin.com/company/energy33 ↗