What Modelco does

Modelco (legal name: SARL MODELCO) is an Algerian private construction services company specializing in industrial civil engineering and electromechanical works for the power generation sector. The company operates through two core service lines: Travaux de génie civil (civil engineering works covering structural design and construction, steel frameworks / charpente métallique, earthworks and site preparation, and installation of site bases) and Travaux électromécaniques (electromechanical works covering assembly of power plant systems including gas turbines, diesel generators and auxiliaries, BT/MT/HT electrical installations, piping network design and assembly, and engineering studies). It manages projects end-to-end from planning through handover.

The company serves state-owned and private energy and industrial clients — most prominently Sonelgaz, Algeria's national electricity and gas utility, alongside Power Systems (PW PS), Caterpillar-affiliated dealers (Bergerat Monnoyeur Algérie and Eneria Caterpillar), Watania, and Ooredoo. Documented projects span diesel generator installations at remote southern sites (2008-2009), Sonelgas power plant civil works across IDLES, TINZAOUATINE, ILIZI, BOUFARIK, BENI-MERED, and OUARGLA (2013-2015), and larger mobile gas turbine installations at ADRAR (2x20MW), TIMIMOUN (2x20MW), HASSI MESSAOUD (4x20MW), and EL-OUED (8x20MW), with an ongoing 4x20MW project at OUARGLA. Co-finance partners include SIEMENS, Turbomach, Almafrique, CEEG, SDO, SKTM, and SPE, indicating a relationship-led execution model rather than a turnkey EPC model.

Revenue is generated through project-based contracts — one-time civil engineering engagements plus professional-services-style electromechanical installation work — with pricing determined per project scope and specifications (not publicly disclosed). Headcount is 101-250 employees, registered capital is 77,000,000 Algerian dinars (~$560K USD), and operations are entirely domestic (Algeria). The legal entity is 100% Algerian privately held, with no institutional investors, parent company, or public-market listing disclosed. Founded (per company materials) in 2016, Modelco has progressively moved up the project-value curve from diesel genset installations to multi-turbine power plant construction, anchored on a narrow but durable set of utility and OEM relationships.

Name

Modelco

Legal name

SARL MODELCO

Website

https://modelco-construction.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

101–250 employees

Short description

Modelco is an Algerian private industrial construction firm providing civil engineering and electromechanical installation services for power generation facilities. It serves Sonelgaz, Power Systems, Caterpillar dealers, and telecom operators, executing projects across Algeria from diesel gensets to multi-turbine power plants.

Ownership category

akta.pro rank

Product category

Industrial Construction Services

NAICS

Engineering Services (541330), Power and Communication Line and Related Structures Construction (237130)

SIC

Electrical Industrial Apparatus (3620), General Industrial Machinery & Equipment (3560)

akta.pro primary industry

Power Generation Plant Construction (Thermal, Hydro, Nuclear) (IMAFADAC)

akta.pro secondary industries

Design-Build / EPC General Contracting (IMAFAAAD), Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM), Balance-of-Plant (BOP) & Civil Works for Power Plants (EUAEAAAL)

Keywords

• Industrial construction services
• Civil engineering works
• Electromechanical installation
• Power plant construction
• Electrical infrastructure services

Headquarters

HQ city

Alger

HQ country

Algeria

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Civil Engineering Projects: One-time project-based revenue from industrial civil engineering works including concrete structures, steel frameworks, earthwork, and site preparation for power plants and industrial facilities.
2. Electromechanical Installation: Project-based revenue from mechanical and electrical installation services including diesel generator sets, gas turbines, electrical systems (BT/MT/HT), piping networks, and power plant auxiliary equipment.

Go-to-market motion1 record

Distribution channels1 record

Core offering

Modelco delivers industrial civil engineering and electromechanical construction services for power generation facilities across Algeria. The company designs and builds civil engineering structures, steel frameworks, and site preparations, and assembles electromechanical systems including gas turbines, diesel generators, and low/medium/high voltage electrical installations. It manages the full project lifecycle from planning to completion for utility and industrial clients.

Product overview

Modelco is an Algerian private company offering industrial civil engineering and electromechanical construction services. The company operates through two core service divisions: Travaux de génie civil (civil engineering works covering structural construction, steel structures, earthworks, and site preparation) and Travaux électromécaniques (electromechanical works covering power plant assembly, electrical installations across voltage levels, piping networks, and engineering studies). The company takes complete project responsibility from planning through completion.

Differentiator

Problem solved

Functional benefit

Products and services

• Travaux de génie civil (Industrial Civil Engineering Works) Design and construction of industrial civil engineering structures, including steel structure (charpente métallique), earthworks, site preparation, and installation of living bases and construction sites for power generation and industrial facilities. Intended for utility companies and industrial clients requiring specialized civil construction for power plants and industrial infrastructure.
• Travaux électromécaniques (Electromechanical Construction Works) Electromechanical assembly of power plant systems (gas turbines, diesel generators and auxiliaries), low/medium/high voltage (BT/MT/HT) electrical installations, design and assembly of pipes and networks, and engineering studies. Intended for utility and industrial clients requiring specialized electromechanical installation for power generation facilities.

Named customers4 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered minor and core.

• S.A.R.L AlmafriqueminorOthersListed as a co-finance partner. Nature of partnership involvement appears related to construction project financing or equipment supply.
• Bergerat Monnoyeur AlgériecoreTechnology or IntegrationMajor equipment dealer (Caterpillar dealer in Algeria) and co-finance partner. Works on diesel generator installation projects. Primary client for electromechanical work on diesel generator sets at multiple locations.
• Eneria CaterpillarcoreTechnology or IntegrationCaterpillar dealer for power generation equipment in Algeria. Partner for diesel generator installation projects. Active in remote location power infrastructure.
• Power SystemscoreTechnology or IntegrationPower Systems (PW PS) is a key client and partner. Modelco performs electromechanical work on mobile gas turbine power plants for Power Systems. Major project in OUARGLA (4x20MW) ongoing.
• SIEMENScoreTechnology or IntegrationMajor industrial technology partner for power generation equipment including gas turbines and electrical systems. Partnership enables execution of high-tech power plant construction projects.
• SONELGAZcoreStrategic or Co-development PartnerPrimary state-owned electricity utility and main client. Major partner for power plant construction including diesel and gas turbine facilities. Multiple completed projects across Algeria (IDLES, TINZAOUATINE, ILIZI, BOUFARIK, BENI-MERED, OUARGLA).
• TURBOMACHcoreTechnology or IntegrationTurbomachinery specialist partner for turbine-related construction and installation projects. Supports gas turbine power plant construction capabilities.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Siemens Energy: Global OEM and turnkey EPC provider for gas turbines, electrical systems, and power plants - one of Modelco's core technology partners and the largest incumbent in the segment where Modelco provides installation services.
• MAN Energy Solutions: Global turbomachinery OEM covering gas turbines and power plant systems; comparable to the OEM ecosystem Modelco integrates with and an incumbent bidder on large Algerian power tenders.
• Caterpillar Energy Solutions: Global OEM of diesel and gas generator sets used in Modelco's project base (via Bergerat Monnoyeur/Eneria), and a direct incumbent in mobile and distributed power plant delivery worldwide.

Direct peers

• ETRHB Haddad: Major Algerian private EPC contractor active in industrial construction, energy, and infrastructure; comparable project-based model and customer overlap in Algerian power and industrial markets.
• Cosider Construction: Algeria's largest state-affiliated construction group with multi-disciplinary civil, industrial, and electromechanical EPC capability, directly comparable to Modelco in serving Sonelgaz and other state clients across Algeria.
• ENAC (Entreprise Nationale de Canalisations): Algerian state-owned industrial contractor specialized in pipelines and heavy infrastructure, comparable in project-based execution and overlap with Sonelgaz/Sonatrach procurement channels.
• ENTP (Entreprise Nationale des Travaux aux Puits): Algerian state-owned Sonatrach subsidiary executing industrial construction, pipelines, and electromechanical works; directly comparable scope to Modelco and a known competitor for Sonelgaz and Sonatrach-attached industrial contracts.
• Groupement Hasnaoui: Diversified Algerian industrial group with significant construction and EPC exposure including energy infrastructure, competing for similar industrial and utility projects in Algeria.

Regional players

• Rönesans Holding: Turkish EPC and construction group with active projects across MENA including industrial and energy infrastructure; comparable in project-based civil and electromechanical delivery but operating from outside Algeria.
• Mytilineos (Metka): Greek-based EPC contractor with a strong track record in thermal and gas turbine power plants across MENA and North Africa; competes for regional power projects but from a different geographic base than Modelco.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/Modelco2015
• Facebookfacebook.com/Sarl-Modelco-100038725789777
• LinkedInlinkedin.com/company/sarl-modelco

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 Modelco