Northern Triangle: The Epicentre of Renewable Energy and Nearshoring

The Northern Triangle, comprising Guatemala, Honduras and El Salvador, is becoming a strategic hub for renewable energy and nearshoring investments. These three Central American countries offer unique potential for the development of sustainable energy projects, attracting the attention of international investors and technology companies.
At the recent Technology and Infrastructure Summit held in San Salvador on July 17, the HUGE Business & Investment Council highlighted the key opportunities offered by these emerging sectors. The event, co-hosted by the Inter-American Development Bank (IDB), brought together development banks, institutions, government officials and leading companies such as Nokia, Invenergy LLC and COHERSA. The summit aimed to promote investment in renewable energy sources and develop the infrastructure needed to support these industries.

Energy potential of the Northern Triangle

Prof. Dr. Juan José Daboub, President of HUGE Business & Investment Council, emphasized the importance of renewable energy sources for the region. “The technological and energy revolution offers the Northern Triangle an unprecedented opportunity,” he declared. Edwin Escobar, CEO of Aristos Inmobiliaria, expressed his commitment to the DataTrust project, which includes a sustainable energy component. “We have attracted significant interest from international companies willing to invest in renewable energy sources in El Salvador,” he added.

Key Investments and Partnerships

The summit highlighted a number of strategic projects and partnerships, notably with Invenergy LLC, a world leader in renewable energy, and COHERSA, a local company specializing in hydroelectric power plants. Tomás Bermúdez, CEO of IDB Group in Central America, stated that “support for energy projects is key to the sustainable economic development of El Salvador and the entire region.”

Technology and infrastructure for a sustainable future

Elizabeth Bravo, head of Nokia’s fixed networks in Latin America, stressed the importance of technological infrastructure in supporting energy projects. “Technological development is essential to ensuring an efficient and sustainable energy infrastructure,” she said. Technological support will help create more resilient power grids and promote the use of renewable energy.
Advances in renewable energy and technology infrastructure are driving growth in the Northern Triangle, supporting a diverse and resilient economy. HUGE is committed to supporting private sector initiatives that contribute to this vision of sustainable, self-sufficient development.