La Paz, El Salvador & Dubai, UAE – July 28 2025
Ingendehsa S.A. de C.V., developer of the Ilopango-Hacienda Vieja (20 MW) and Malancola (4.2 MW) hydroelectric projects, today announced a strategic partnership with global startup accelerator FasterCapital through its LaunchUp program. This collaboration aims to fast-track the completion and commercialization of Ingendehsa’s renewable energy projects in El Salvador’s growing electricity market by leveraging FasterCapital’s global expertise, capital, and network.
Market Opportunity & Problem Statement
El Salvador’s energy sector is undergoing rapid transformation, with increasing demand for clean, reliable power amid fluctuating spot market prices. The country’s spot market prices vary with demand and supply, creating volatility for energy producers and consumers alike. Ingendehsa addresses these inefficiencies by offering long-term power purchase agreements (PPAs) with local distributors or large consumers, stabilizing revenue streams and ensuring energy security. The renewable hydroelectric sector in Central America is poised for growth, yet remains underserved by large-scale projects that minimize environmental and social impacts,. presenting a significant market opportunity for Ingendehsa’s innovative approach.
Startup Solution & Differentiation
Ingendehsa’s projects harness the abundant waters of Lake Ilopango, utilizing a 6 km tunnel and a 230-meter vertical drop to generate 86.8 GWh annually with minimal environmental footprint—impacting less than 0.1% of the lake’s volume. The combined 24.2 MW capacity from Ilopango-Hacienda Vieja and Malancola projects offers a renewable, sustainable energy source with projected revenues of approximately $10 million annually. The projects’ design avoids community disruption and leverages El Salvador’s favorable legal framework for foreign investment and emerging crypto/token markets. With a projected Internal Rate of Return (IRR) of 21.25% and a Net Present Value (NPV) of $20.4 million, Ingendehsa is positioned to become a market leader in Central America’s renewable energy landscape. The Projects would use Lake Ilopango to provide storage and would contribute to a variety of improvements including flood control, erosion control, improvements to local roadways and expansion of new and improved roadways to local communities. The creation of a Foundation is also planned to promote micro-entrepreneurs in the project area with micro-loans in small businesses for reforestation of the basin and other micro-businesses. Besides the projects will help to the people living around the lake with the Flood Control with a natural event like earthquake or hurricane occurs and the natural outlet of the lake was blocked due the landslides like occurred in the earthquake of 2001 and strong rainfall IDA 2009. In August 2024, again the outlet was also blocked due the rainfall. FasterCapital Partnership Value: Through the LaunchUp program, Ingendehsa gains access to FasterCapital’s extensive global network, strategic mentorship, and capital-raising expertise. FasterCapital’s rigorous selection process ensures partnership with high-potential startups that demonstrate strong market fit and scalability. This collaboration will accelerate Ingendehsa’s path to securing remaining permits, finalizing project design, and negotiating PPAs, compressing the timeline to construction readiness. FasterCapital’s support also includes legal advisory, project supervision, and administrative assistance, enabling Ingendehsa to optimize operational efficiency and investor confidence
