Elecaustro

Electric Power Generationelecaustro.gob.ec

Elecaustro is an Ecuadoran state-owned power generator, founded in 1999 and headquartered in Cuenca, that produces and supplies electricity from hydroelectric, wind, and thermal sources to Ecuador's national grid, supplementing capacity via multi-year procurement contracts.

Company typePrivate
Founded1999
HeadquartersCuenca, Ecuador
Headcount51–100
GTM typeB2B
OfferingServices

What Elecaustro does

Elecaustro is an Ecuadoran state-owned power generator headquartered in Cuenca, Ecuador, founded in 1999. It generates and distributes electricity using a diversified mix of hydroelectric, wind, and thermal power sources, supplying firm capacity to Ecuador's national electricity grid. Its primary functional role is to meet national power demand, particularly during dry seasons when domestic hydro output is constrained.

The company operates within Ecuador's state-owned electricity sector alongside other state generators coordinated via state power corporation Celec. Rather than relying solely on its owned generation fleet, Elecaustro supplements capacity through commercial procurement contracts with private power-services providers. The most recent and material of these is the March 2026 award of a US$131 million, 800-day contract to Karpowership Asia for the Esclusas IV project, requiring 90MW (±10MW) and 1,550,520MWh of firm capacity — a transaction that closed below the US$155 million reference budget and that mirrors parameters now being prepared for the upcoming Ecuagran II tender.

Elecaustro's revenue mechanics are not directly disclosed; the company sits within Ecuador's regulated power-sector framework and procures supplemental generation through multi-year firm-capacity contracts. Its single identifiable counterparty is the Ecuadoran national grid, making it structurally a single-customer entity. No pricing models beyond contract-based procurement terms, no productized software offerings, and no technology-stack disclosures are available from the provided sources.

Elecaustro firmographics

Firmographics

Name: Elecaustro
Website: https://elecaustro.gob.ec
Company type: Private
Founded year: 1999
Operating status: Operating
Headcount range: 51–100 employees
Short description: Elecaustro is an Ecuadoran state-owned power generator, founded in 1999 and headquartered in Cuenca, that produces and supplies electricity from hydroelectric, wind, and thermal sources to Ecuador's national grid, supplementing capacity via multi-year procurement contracts.
Ownership category
akta.pro rank

Where Elecaustro is headquartered

Location

Headquarters

HQ city: Cuenca
HQ country: Ecuador
HQ region: Latin America

Markets served

Elecaustro business model

Business model

GTM type: B2B
Offering type: Services
Cost components: Infrastructure, Operations, Personnel, Supply Chain

Pricing tiers

Model	Billing	Price
Other	Multi-year contract	Firm capacity supply from leased power generation units

Elecaustro product offering

Product offering

Core offering

Elecaustro generates electricity through hydroelectric, wind, and thermal power sources and distributes it into Ecuador's national grid. The company supplies firm capacity power generation to the Ecuadoran state power system, addressing national electricity demand particularly during dry seasons. It also procures supplemental firm capacity from leased generation units via multi-year supply contracts.

Product overview

Elecaustro is an Ecuadoran state power generator. The available source data does not provide detailed information about specific products, services, or product architecture.

Differentiator

Problem solved

Functional benefit

Products and services

Hydroelectric power generation
Wind power generation
Thermal power generation
Electricity distribution

Companies that use Elecaustro

Customer profile

Segments1 record

Ideal customer profiles1 record

Elecaustro technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Elecaustro partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

Karpowership AsiacoreOthers · 27 March 2026Ecuadoran state power generator Elecaustro awarded Karpowership Asia a US$131mn contract to supply firm capacity from leased units for the Esclusas IV project. The 800-day contract requires 90MW (±10MW) and 1,550,520MWh, coming in below the reference budget of US$155mn. Same parameters and budget set for the upcoming Ecuagran II tender. This follows Karpowership's US$18.4mn contract during Ecuador's last dry season and a 295MW agreement with state power corporation Celec in 2024.

Recent moves3 records

Expansion highlights3 records

Elecaustro competitors and assessment

Company assessment

Market position

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Elecaustro financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Elecaustro leadership team

Management profile

Number of profiles

Elecaustro funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Elecaustro M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Elecaustro

What does Elecaustro do?

Is Elecaustro a public or private company?

Elecaustro is a private company. It is classified as state government owned and is currently operating.

When was Elecaustro founded?

Elecaustro was founded in 1999. It employs 51 to 100 people.

Where is Elecaustro based?

Elecaustro is headquartered in Cuenca, Ecuador, in the Latin America region.

Does Elecaustro have an API?

No public API is recorded for Elecaustro.