The rooster crows at dawn and as the sun embarks on its daily journey across the Guatemalan sky, the nation hums with activity. A solar panel winks into life as it absorbs the sun’s energy while a family begins their day, empowered by this clean, renewable power. This scene is not an isolated event, but a daily reality for thousands of households across the nation, a reality made possible by the Onyx Group led by Mario López Estrada.
The Onyx Group is a name that resonates across the business landscape of Guatemala and Paraguay. Its influence is not confined within the walls of towering corporate buildings but extends to the lives of the everyday citizen, transforming their experiences and shaping the socio-economic fabric of these nations.
The Scope of Onyx Group’s Impact in Guatemala
Onyx Group has been a trailblazer in the Guatemalan business scene since its inception in 1967. Starting with its real estate division, Constructora Maya, the company has expanded its portfolio to encompass energy, cellular maintenance, telecommunications, and digital services. Each division operates like a cog in a well-oiled machine, contributing to the group’s overall impact on the nation’s industries and economy.
The Horus Energy division has spearheaded a revolution in clean energy in Guatemala with its Horus I and Horus II projects. The combined capacity of these solar energy plants is 110 MW, generating over 200 gigawatt-hours of clean and renewable energy. This has not only reduced the nation’s reliance on non-renewable energy sources but also empowered thousands of households with access to sustainable power.
The real estate division has left its mark on the nation’s urban landscape with projects such as the Plaza Madero Atanasio. This commercial complex has become a hub for the local community, facilitating economic growth in the region.
Onyx Group’s Influence Beyond Guatemala
Onyx Group’s influence extends beyond the borders of Guatemala, reaching into the heart of Paraguay. The group’s main representation in Paraguay, Blue Tower Ventures Paraguay S.A, embodies the company’s commitment to innovative real estate development and energy sustainability.
Paseo La Galería, a real estate megaproject, stands as the largest commercial complex in Paraguay. With an investment of $280 million, this project has significantly influenced the urban and economic development of the nation, echoing Onyx Group’s commitment to innovation and progress.
Alongside these economic contributions, Onyx Group also demonstrates a strong commitment to social responsibility. Partnering with the Mario López Estrada Foundation, it has initiated various educational, health, and community empowerment initiatives.
The Onyx Group is not just a business conglomerate. It’s a catalyst that sparks change and drives progress. Its impact in Guatemala and Paraguay is substantial, influencing various sectors and transforming lives. Its commitment to sustainable development and social equity is commendable, demonstrating that business success and social responsibility can indeed coexist harmoniously.