Hidroelectrica Boliviana

What Hidroelectrica Boliviana does

Hidroeléctrica Boliviana S.A. (HB) is a privately held Bolivian hydroelectric power producer founded in 1996 that operates the ~90 MW Complejo Hidroeléctrico del Río Taquesi, located in Yanacachi, Sud Yungas Province, La Paz Department, approximately 90 km from La Paz. The complex comprises two run-of-river generation plants with daily hydraulic regulation capacity — Planta de Chojlla (~39 MW, on the Taquesi River with a 3,600 m pressure tunnel, 1,260 m surface penstock, semi-underground powerhouse, and a 6.4 km 115 kV line to the Pichu substation) and Planta de Yanacachi Norte (~51 MW, on the Unduavi River with a 430 m covered canal, 3,460 m pressure tunnel, 1,270 m surface penstock, and an 8.3 km 115 kV line to Pichu). At the time of construction the ~90 MW complex was the largest single-instance hydroelectric development in Bolivian sector history, displacing approximately 180,000 tonnes of CO2 equivalent per year and becoming the first Bolivian electricity-sector company to obtain certified greenhouse gas emission reduction certificates. The original Phase 1 plant — an early-20th-century facility adapted in 1998 to power the Chojlla tungsten/tin mine — concluded its operational life in 2018 after 20 years of grid injection.

HB's revenue model is straightforward wholesale electricity generation: the company injects 100% of its output into Bolivia's Sistema Interconectado Nacional (SIN), which interconnects eight of the country's nine departments, under long-term power purchase arrangements with the national grid operator. Revenue is governed by regulated tariff frameworks set by AETN (Autoridad de Fiscalización de Electricidad Y Tecnología Nuclear) and contractual offtake agreements; HB has no retail, B2C, or self-serve channels, and operates a single enterprise field-sales motion targeting the national grid. The company is regulated, supervised, and audited by AETN under a título habilitante (operating license) granted by its predecessor, the Superintendencia de Electricidad, and holds a Licencia Ambiental with scope-specific conditions.

The company was founded by a group of Bolivian entrepreneurs, with U.S.-based TENASKA INT. LLC. subsequently acquiring the majority shareholding package; original Bolivian founders retain a minority position. Construction of Phase 2 (1998–2002) was executed under a lump-sum turnkey EPC contract with the Black & Veatch / Colenco consortium (USA/Switzerland), financed initially through what was at the time the largest-ever bond issuance in Bolivian history on the Bolivian Stock Exchange (BBV), subsequently restructured via a securitization (titularización) that was in turn redeemed with bank loan proceeds. Headcount is small (11–50 employees), consistent with the asset-heavy, low-headcount operating profile of utility-scale hydropower. HB also operates Fundación Taquesi, a controlled non-profit affiliated entity that channels CSR activities (health, education, production, environment, cultural heritage) into the Yanacachi municipality where its assets are located.

Name

Hidroelectrica Boliviana

Legal name

Hidroeléctrica Boliviana S.A.

Website

https://hidrobol.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

Hidroeléctrica Boliviana S.A. is a privately held Bolivian run-of-river hydroelectric generator that operates the ~90 MW Complejo Hidroeléctrico del Río Taquesi (Chojlla and Yanacachi Norte plants), selling 100% of its output to Bolivia's national grid (SIN) under regulated tariffs.

Ownership category

akta.pro rank

Product category

Hydroelectric Power Generation

NAICS

Hydroelectric Power Generation (221111), Electric Power Generation (22111)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Substation Systems & Integration (EPC, Engineering, Protection, Commissioning) (IMAGAAAC)

akta.pro secondary industries

Energy Management Systems & Plant Controllers (PPC, AGC Participation, Curtailment Control) (EUAMAIAI), Substations, Transformers & Grid Step-Up Facilities (EHV Substations, GSU Transformers) (EUAMAFAE)

Keywords

• Hydroelectric power generation
• Renewable energy supply
• National grid generation
• Carbon offset credits
• Run-of-river hydropower

Headquarters

HQ city

La Paz

HQ country

Bolivia

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Others

Revenue model

1. Wholesale Electricity Sales to SIN: HB generates electricity from its two plants (Chojlla ~39 MW and Yanacachi Norte ~51 MW, totalling ~90 MW) and injects 100% of production into the Sistema Interconectado Nacional (SIN) under commercial operation agreements. Revenue is derived from long-term power purchase contracts with the national grid. This is a recurring, contracted revenue stream dependent on generation output and regulated electricity tariffs.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Hidroeléctrica Boliviana S.A. operates the Complejo Hidroeléctrico del Río Taquesi, consisting of two run-of-river hydroelectric generation plants (Chojlla ~39 MW and Yanacachi Norte ~51 MW) with combined installed capacity of approximately 90 MW. All generated electricity is injected into Bolivia's National Interconnected System (SIN) under long-term power purchase arrangements. The plants feature daily regulation reservoirs that allow load balancing and grid-stabilizing generation.

Product overview

Hidroeléctrica Boliviana S.A. (HB) operates as a hydroelectric power generation company with a single unified product offering: the Complejo Hidroeléctrico del Río Taquesi. This hydroelectric complex consists of two power plants (Planta de Chojlla and Planta de Yanacachi Norte) with a combined installed capacity of approximately 90 MW. Both plants are run-of-river type facilities with daily hydraulic regulation capacity, located in Yanacachi, Sud Yungas Province, La Paz Department. The entire production is injected into Bolivia's National Interconnected System (SIN), which connects eight of Bolivia's nine departments.

Differentiator

Problem solved

Functional benefit

Products and services

• Planta de Chojlla Run-of-river hydroelectric power plant with daily regulation reservoir located on the Taquesi River at Cacapi, with a 3,600 m pressure tunnel and 1,260 m surface pressure pipe. Semi-underground powerhouse on the left bank of the Taquesi River, connected to the Pichu Substation via 6.4 km of 115 kV transmission line. Installed capacity of approximately 39 MW. Generation is supplied to Bolivia's national grid (SIN).
• Planta de Yanacachi Norte Run-of-river hydroelectric power plant with daily regulation reservoir located on the Taquesi River downstream of the Chojlla plant, with a 430 m covered channel, 3,460 m pressure tunnel, and 1,270 m surface pressure pipe. Powerhouse on the right bank of the Unduavi River downstream of the Sakhahuaya community, connected to the Pichu Substation via 8.3 km of 115 kV transmission line. Installed capacity of approximately 51 MW. Generation is supplied to Bolivia's national grid (SIN).
• Complejo Hidroeléctrico del Río Taquesi Hydroelectric complex located in Yanacachi, 90 km from La Paz, consisting of the Chojlla and Yanacachi Norte plants, with a combined installed capacity of approximately 90 MW. Built to strengthen the electrical energy supply in Bolivia's National Interconnected System (SIN) and contribute to climate change mitigation. All output is sold to the SIN under long-term commercial operation agreements.
• Fundación Taquesi (corporate social responsibility program) Private, non-profit foundation controlled by HB that channels human and financial resources for the benefit of the population of the Municipality of Yanacachi in Sud Yungas Province, La Paz Department, through programs in health, education, production, environment, and cultural heritage.

Quantifiable outcome

• ~180,000 tCO2e displaced per year, making HB the first Bolivian electricity-sector company to obtain certified GHG emission reduction certificates
• +1 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• Black & Veatch / Colenco ConsortiumcoreImplementation/ SI/ Consulting PartnerEPC (Engineering, Supply and Construction) contractor for Phase 2 of the Taquesi Hydroelectric Complex, signed in 1998 on a lump-sum turnkey basis. Black & Veatch (USA) and Colenco (Switzerland) were engaged to design, procure, and construct the two new generation plants (Chojlla and Yanacachi Norte).
• Autoridad de Fiscalización de Electricidad y Tecnología Nuclear (AETN)coreOthersBolivia's electricity and nuclear technology regulatory authority that fiscalizes, controls, supervises, and regulates HB. HB operates under a license (título habilitante) granted by AETN's predecessor, the Superintendencia de Electricidad. AETN is referenced on HB's website as the supervising government body.

Scale indicators4 records

Recent moves6 records

Expansion highlights2 records

Broad incumbents

• Enel Green Power: Enel Green Power is the renewable energy subsidiary of Italian utility Enel, with significant hydroelectric capacity across Latin America and globally. Comparable to HB as a global hydro operator with grid-scale generation and integration capabilities.
• Brookfield Renewable Partners: Brookfield Renewable Partners operates one of the world's largest publicly traded renewable power platforms with extensive hydroelectric assets across the Americas. Comparable to HB as a global hydro operator with grid-scale generation, though at vastly larger scale and broader geographic scope.
• Statkraft: Statkraft is Europe's largest generator of renewable energy and a major global hydropower operator with significant reservoir and run-of-river assets. Comparable to HB as a major hydro operator with daily regulation capabilities, though at vastly larger scale and broader geography.
• Iberdrola Energía: Iberdrola is a Spanish multinational electric utility with a significant renewable energy portfolio including hydroelectric assets globally. Comparable to HB as a global hydro operator with grid-scale generation capabilities, though at vastly larger scale.

Emerging players

• Innergex Renewable Energy: Innergex is a Canadian independent renewable power producer with hydroelectric, wind, and solar assets across the Americas. Comparable to HB as a mid-size IPP focused on renewable generation, though Innergex is publicly listed and geographically diversified across multiple countries.

Direct peers

• AES Andes: AES Andes is one of the largest power generators in Chile and the Andean region, with a portfolio dominated by hydroelectric and thermal generation. Directly comparable to HB as a Latin American hydro IPP selling into a regulated national grid, though at materially larger scale.
• Engie Energía Chile: Engie Energía Chile is a Chilean-based power generator with a portfolio that includes hydroelectric and thermal facilities. Comparable to HB as a Latin American hydro IPP and direct grid off-taker operating in a regulated energy market.
• Celsia: Celsia is a Colombian energy company with a portfolio of hydroelectric and thermal generation assets serving the national grid. Comparable to HB as a Latin American mid-size hydro IPP selling to a regulated national grid under similar commercial structures.
• Colbún: Colbún is a major Chilean independent power producer with significant run-of-river and reservoir hydroelectric capacity. Comparable to HB as a Latin American hydro IPP operating grid-scale generation with a similar technology and business-model profile.
• Enel Generación Chile: Enel Generación Chile operates a large portfolio of hydroelectric and thermal generation assets in Chile, including run-of-river facilities. Comparable to HB as a Latin American run-of-river hydro operator and major off-taker into a national grid system.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hidroelectrica-bolivina

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

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 Hidroelectrica Boliviana