Inside the Mind of Onyx Group’s Owner, Mario López Estrada


In the intricate labyrinth of the business world, the magnates are akin to the Minotaur, a creature of power and strategy who navigates the mazes of industry with an unerring sense of direction. One such figure who has left his indelible print on the landscape of Latin American business is Mario López Estrada, the driving force behind the Onyx Group.

The story of López Estrada is a tale woven from the threads of ambition, foresight, and relentless dedication. A narrative that is set against the backdrop of the industries he has transformed, and the countries he has influenced. But who is this man, and what propels the machinery of his expansive business empire?

Decoding the Onyx Enigma: The Journey of Mario López Estrada

Mario López Estrada embarked on his entrepreneurial odyssey in 1967, with the foundation of Constructora Maya. This venture, specialized in real estate and territorial development, became the cornerstone of what would evolve into the Onyx Group, a titan in the realms of real estate, energy, and telecommunications.

As the years rolled on, the Onyx Group diversified its portfolio, branching out into various sectors. The company has made significant strides in solar photovoltaic energy generation, cellular communication network maintenance, digital solutions, and most notably, telecommunications. From Guatemala to Paraguay, the impact of the Onyx Group, under the stewardship of López Estrada, is both tangible and transformative.

The Legacy of Onyx: Pioneering Projects in Guatemala and Paraguay

The footprint of the Onyx Group is visible in the innovative projects it has undertaken in both Guatemala and Paraguay. In Guatemala, the company has spearheaded the energy revolution with its solar energy projects, Horus I and Horus II. These solar plants generate over 200 gigawatt-hours of clean, renewable energy, illuminating thousands of homes.

In Paraguay, the Onyx Group has invested $280 million in Paseo La Galería, the largest commercial complex in the country. The project is a testament to Onyx Group’s commitment to innovation, progress, and urban development.

Mario López Estrada has not merely been content with economic growth. His vision extends beyond the balance sheets and ledgers. Alongside the Mario López Estrada Foundation, the Onyx Group has made significant contributions to education, health, and community empowerment initiatives. This commitment to social responsibility reflects in every project they undertake, proving that for López Estrada and the Onyx Group, the measure of success is not just economic impact, but also the improvement of people’s quality of life and the promotion of social equity.

In the grand scheme of things, Mario López Estrada and the Onyx Group represent the epitome of business acumen blended with social responsibility. They have navigated the labyrinth of the business world with precision and purpose, leaving a legacy of growth, innovation, and societal advancement in their wake. Their story serves as a beacon for aspiring entrepreneurs, illuminating the path to success that is not just measured in monetary gains, but also in the positive impact on the lives of people and their communities.