MIAMI - TelAve -- ENERGY33, a leading energy project developer and engineering firm focused on Latin America, is proud to announce the successful completion of its second engineering and construction management contract for a 27MW STX cogeneration power plant in Honduras. The project was executed in partnership with PARK ENERGY, the primary energy provider of the Green Valley Industrial Park in Santa Barbara, Honduras.

This milestone follows ENERGY33's previous achievement in November 2022, when it delivered an 8.5MW power plant utilizing Hyundai medium speed generators. Together, these projects enhance the industrial park's energy capacity, supporting a diverse mix of multinational clients across textiles, automotive, apparel, and light manufacturing sectors.

The 27MW STX cogeneration plant, together with the existing 14.9MW cogeneration facility designed and built by ENERGY33's founders in 2006 as well as the 8.5MW Hyundai power plant delivered in 2022, now operate seamlessly in parallel. This integrated system ensures a reliable, efficient, and cost-effective power supply for Green Valley Industrial Park.

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ENERGY33 managed the full scope of the projects—from conceptual, basic, to detailed engineering—and oversaw the integration and coordination of civil, mechanical, and electrical contractors. Its mission: to deliver robust, scalable power solutions that meet the dynamic needs of the park's tenants.

Gustavo Raudales, General Manager of PARK ENERGY's parent company, stated, "Thanks to ENERGY33's expert management, both projects were completed on time and within budget. Their dependable partnership is crucial as we continue expanding our energy portfolio."

Jose Benitez, EVP of Engineering at ENERGY33, added, "It is a privilege to support PARK ENERGY and Green Valley Industrial Park in delivering dependable, cost-efficient electricity to its diverse client base—helping maintain Honduras's position as a modern manufacturing hub."

About ENERGY33:
ENERGY33 specializes in developing innovative energy solutions across Latin America, focusing on co-generation, biomass, natural gas, and other clean energy sources. The company provides comprehensive engineering and project management services, leveraging cutting-edge technology and industry expertise to advance sustainable energy projects. For more information, please visit https://energy33.com.

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About PARK ENERGY:
A subsidiary of Grupo Karim, PARK ENERGY is the utility provider for Green Valley Industrial Park—one of Central America's most modern free-zone industrial developments. The park offers reliable, competitively priced energy, transportation, and logistics services designed to support efficient manufacturing and supply chain operations.