Ingendehsa Partners with FasterCapital LaunchUp to Revolutionize El Salvador’s Hydroelectric Market
La Paz, El Salvador & Dubai, UAE – July 31 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.
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.
Executive Quotes
Hesham Zreik, Founder and CEO of FasterCapital:
“Ingendehsa exemplifies the kind of innovative, impactful startup that aligns perfectly with FasterCapital’s mission to empower transformative ventures. Their hydroelectric projects not only address critical energy challenges in El Salvador but also set a new standard for sustainable infrastructure development. We are excited to support their journey through our LaunchUp program and help accelerate their market leadership.”
Jose Hermes Landaverde Garcia, CEO of Ingendehsa S.A. de C.V.:
“Our partnership with FasterCapital marks a pivotal milestone in realizing the full potential of the Ilopango and Malancola projects. FasterCapital’s expertise and resources will enable us to overcome regulatory and financial hurdles swiftly, bringing clean, affordable hydroelectric power to El Salvador. Together, we are committed to advancing renewable energy solutions that benefit communities and investors alike.”
Growth Trajectory & Future Plans
Ingendehsa plans to finalize all outstanding permits and secure PPAs within the next 12 months, followed by a three-year construction phase. The company aims to expand its portfolio across Central America, leveraging the proven success of these projects to attract further investment. With a current equity funding requirement of $17 million, Ingendehsa is actively engaging strategic partners to scale operations and maximize environmental and economic impact. Long-term, the company envisions becoming a key player in the region’s transition to sustainable energy, contributing significantly to carbon emissions reduction and energy independence.
About Ingendehsa S.A. de C.V.
Founded to develop innovative renewable energy projects in El Salvador, Ingendehsa S.A. de C.V. specializes in hydroelectric power generation using environmentally responsible methods. The company is dedicated to delivering clean, reliable energy solutions that support regional sustainability goals while ensuring strong financial returns for investors.
About FasterCapital
FasterCapital is a global startup accelerator and venture capital firm that empowers early-stage technology companies through its LaunchUp program. With a proven track record of successful investments and exits, FasterCapital offers startups access to capital, mentorship, and a worldwide network to accelerate growth and market penetration.