The Legacy of Onyx Group: Building a Solid Future Through Innovation and Excellence


In the realm of business, few entities have managed to wield as much transformative influence as the Onyx Group, under the leadership of Mario López Estrada. With its roots firmly planted in the fertile soil of innovation, it has branched out to revolutionize various sectors, leaving an indelible mark on the economies of both Guatemala and Paraguay. Its journey, which began with the establishment of Constructora Maya, has evolved into a multifaceted endeavour, encompassing real estate, telecommunications, and energy generation; a testament to the Onyx Group’s ability to adapt, diversify, and thrive.

Onyx Group: A Legacy of Excellence and Innovation

Onyx Group‘s origin story might be an essential part of its identity, but it’s the company’s ability to adapt and diversify that truly defines it. From its initial focus on real estate, it has expanded its portfolio to include energy generation, cellular maintenance, telecommunications, and digital solutions. In fact, it is its Telecommunications Division that has emerged as one of the most prominent distributors in Guatemala.

The group’s contributions to the energy sector are also noteworthy. Through its Energy Division, Horus Energy, it has led the charge to revolutionize Guatemala’s energy landscape. The Horus I and II solar energy projects, with a combined capacity of 110 MW, underscores Onyx Group’s dedication to harnessing renewable energy sources, further solidifying its position as a leader in innovation.

Impact Beyond Borders: Onyx Group in Paraguay

Onyx Group’s influence is not confined to Guatemala. It has made significant strides in Paraguay, where it’s known for spearheading innovative real estate and energy sustainability projects. Through its Paraguayan representation, Blue Tower Ventures Paraguay S.A., the group has been instrumental in the development of the largest commercial complex in Paraguay, Paseo La Galería.

This massive project, which required an investment of $280 million, is more than just a commercial complex. It stands as a testament to Onyx Group’s commitment to driving economic growth and urban development in Paraguay. With its shopping center, offices, hotel, and events space, Paseo La Galería is a shining example of the group’s innovative spirit.

The story of Onyx Group is one of innovation, adaptation, and resilience. Through its various divisions, it has managed to leave a significant impact on both Guatemala and Paraguay, driving economic growth, spearheading technological advancements, and championing renewable energy. But perhaps more importantly, it has shown a deep commitment to social responsibility, working tirelessly to improve the quality of life for local communities. As it continues to forge its legacy, there’s no doubt that Onyx Group will remain at the forefront of innovation, leading the charge towards a brighter, more sustainable future.