What REMESA does

REMESA (Representaciones Mecánico Eléctricas S.A.) is a privately held Honduran engineering, procurement and construction (EPC) contractor headquartered in San Pedro Sula, Cortés, Honduras, with 501–1,000 employees. The company designs, supplies, and constructs power generation plants across three service lines: large-scale photovoltaic solar, electrical substations, and hydroelectric generation. Its technology stack is conventional utility-scale renewables — 72-cell polycrystalline silicon modules at 300W/305W ratings, fixed-tilt structures, and standard substation and hydroelectric engineering — and it delivers projects end-to-end from design through final execution. The company's flagship reference projects are the 144 MW Nacaome and Valle Photovoltaic Park (480,480 modules on 400 hectares, completed in 10 months during 2014–2015, contributing 8.1% of Honduras' national energy matrix) and the La Vegona Hydroelectric Project (94 km² reservoir, 5.7 billion cubic meters, supplying 46,000+ households and the largest Honduran hydro build since El Cajón in 1985).

REMESA generates revenue primarily through one-time EPC contracts with government agencies and national utilities, supplemented by hardware supply (solar modules, electrical/mechanical equipment) and professional services delivered through strategic partnerships with international energy developers such as Scatec. The go-to-market is direct enterprise field sales: the company engages governments and utilities as the principal contractor, and collaborates as a strategic partner on joint projects with other leading energy firms. Pricing is quote-based and not publicly disclosed. Customer concentration is high, anchored by the Government of Honduras and the National Energy Grid of Honduras, with Scatec as a notable foreign-developer client. There is no public listing, no disclosed funding, and no parent company.

Name

REMESA

Legal name

Representaciones Mecánico Eléctricas S.A.

Website

https://remesapa.com

Company type

Private

Operating status

Operating

Headcount range

501–1,000 employees

Short description

REMESA is a privately held Honduran EPC contractor that designs, supplies, and builds utility-scale solar, hydroelectric, and substation projects for government and utility clients in Central America, with reference builds including the 144 MW Nacaome-Valle solar park and the La Vegona hydroelectric project.

Ownership category

akta.pro rank

Product category

Renewable Energy EPC Services

NAICS

Solar Electric Power Generation (221114), Electric Power Generation (22111), Power and Communication Line and Related Structures Construction (237130)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG)

akta.pro secondary industries

Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE) (EUAMAFAJ), Solar Balance-of-Plant EPC (Piles/Foundations, Trenching, Combiner Networks) (EUAEADAJ), Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB), Site Preparation & Civil Works (Clearing, Grading, Earthworks, Roads) (EUAMAFAA)

Keywords

• Renewable energy EPC
• Solar power construction
• Hydroelectric generation
• Electrical substations
• Power plant engineering

Headquarters

HQ city

Panama City

HQ country

Panama

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. EPC Contracts for Power Generation Plants: Engineering, Procurement, and Construction (EPC) contracts for designing, supplying, and constructing power generation plants including solar, hydroelectric, and electrical infrastructure projects. Revenue is generated through one-time project-based contracts for large-scale government and utility projects.
2. Solar Panel and Equipment Supply: Supply of solar modules, polycrystalline silicon panels (300W, 305W), and associated electrical/mechanical equipment for power generation installations. The company supplies components as part of its integrated project delivery.
3. Strategic Partnership Projects: Collaborative projects with other leading companies as strategic partners in joint energy development ventures, contributing multidisciplinary expertise to large-scale renewable energy initiatives.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

REMESA (Representaciones Mecánico Eléctricas S.A.) is a Honduran EPC contractor that designs, supplies, and constructs utility-scale power generation plants. The company delivers three core service lines: large-scale photovoltaic solar plants using 72-cell polycrystalline silicon modules, high-performance electrical substations adapted to urban and rural environments, and next-generation hydroelectric power generation projects. Projects are executed end-to-end, from initial design through final construction, primarily for government entities and national utilities in Central America.

Product overview

REMESA (Representaciones Mecánico Eléctricas S.A.) is a power generation plant company specializing in design, supply, and construction services. The company offers three core service lines: Large-Scale Solar Energy plants with photovoltaic technology (including the 144 MW Nacaome-Valle Solar Park), High-Performance Electrical Infrastructure including substations, and Next-Generation Hydroelectric Power projects (such as La Vegona). Projects span from design through final execution, serving both urban and rural environments across Honduras.

Differentiator

Problem solved

Functional benefit

Products and services

• Energía Solar a Gran Escala (Large-Scale Solar Energy)

Quantifiable outcome

• 144 MW peak generation capacity - representing 8.1% of Honduras' national energy matrix
• +3 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Leading Energy CompaniescoreStrategic or Co-development PartnerREMESA collaborates as strategic partners with other leading companies in joint energy development projects. The company contributes multidisciplinary expertise, international experience, and proven execution capabilities to these strategic partnerships for large-scale renewable energy initiatives.
• ScateccoreStrategic or Co-development PartnerScatec, a leading renewable energy company, partnered with REMESA for substation construction projects. This partnership demonstrates REMESA's capabilities as a trusted contractor for major international renewable energy developers operating in the region.

Scale indicators9 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• TSK: Spanish EPC contractor specializing in power generation plants (combined cycle, biomass, solar PV) and electrical substations. Comparable as a direct EPC peer in utility-scale power plant and BoP construction, especially in Spanish-language markets.
• Cox Energy: Spanish-Latin American renewable energy developer and IPP focused on utility-scale solar PV across Spain, Mexico and LATAM. Comparable as a Spanish-speaking utility-scale solar developer that interacts with (and competes against) EPC contractors like REMESA in regional tenders.
• Solarpack: Spanish-headquartered utility-scale solar PV developer with operations in Spain, Chile, Peru and Colombia. Comparable as a Spanish-speaking utility-scale solar EPC peer actively bidding and building solar plants across Latin America.
• Gransolar: Spanish group (Gransolar / Eranovum) operating across utility-scale solar PV EPC, solar racking, and storage with Latin American operations. Comparable as a Spanish-headquartered utility-scale solar EPC peer of similar size profile to REMESA.

Broad incumbents

• Scatec: Norway-listed renewable energy developer that has partnered with REMESA on a substation project in Honduras. Scatec develops, owns, and operates utility-scale solar and wind plants across Latin America and Africa, overlapping REMESA's utility-scale solar EPC core but at significantly greater scale and as the asset owner.
• Enel Green Power: Global renewable energy developer (subsidiary of Enel Group) with extensive Latin American generation assets including utility-scale solar and hydro. Comparable as a multinational incumbent that both develops utility-scale renewables in CA and procures local EPC partners like REMESA.
• Cobra Group (ACS): Spanish EPC arm of ACS Group executing large-scale renewable and conventional power generation projects, including utility-scale solar PV and HV substations across Latin America. Comparable as a heavyweight EPC contractor competing for the same utility-scale renewable tenders REMESA targets.
• SENER Grupo de Ingeniería: Spanish engineering and construction group executing large-scale energy infrastructure (solar thermal, hydro, substations) globally including LATAM. Comparable as an engineering-driven EPC peer focused on energy and power generation infrastructure.
• Acciona Energía: Spanish renewable energy developer/operator with significant Latin American utility-scale solar, wind, and hydro capacity. Comparable as a renewable EPC and asset owner operating in Spanish-speaking LATAM markets at scale.

Regional players

• Celsia (Grupo EPM): Colombian vertically integrated power company (subsidiary of Grupo EPM) operating generation, transmission and distribution across Colombia, Panama, and Central America. Comparable as the leading regional utility-incumbent that procures EPC services and competes for renewable capacity expansion in overlapping markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about REMESA