Panama City, Panama | April 1, 2026
Greenwood Energy (GWE) announces the evolution of its executive team with the promotion of Menelao Mora de la Lastra to Chief Commercial Officer (CCO) and Marcos Páez Saavedra to Chief Operating Officer (COO), as part of the implementation of VISION 2030, the company’s five-year strategic plan.
This step marks a transition toward a regionally integrated operating model, designed to align capabilities, enable effective cross-country collaboration, and accelerate execution of GWE’s growth strategy across Latin America.
VISION 2030 serves as GWE’s long-term roadmap, built on the experience of flagship projects such as ɅLMɅ MɅTER in Panama and TERRɅ INITIɅTIVE in Colombia. More than a plan, it reflects the company’s commitment to advancing a just energy transition in the region, supported by a proprietary development model that integrates technical development, financial structuring, and territorial engagement, with a strong community focus.
In this context, consolidating key functions at the corporate level enables GWE to capture synergies, scale its business model, and respond with greater agility to growth opportunities.
Juan Pablo Crane, Chief Executive Officer of GWE, stated: “Our expansion and globalization reflect a clear ambition: to lead a new generation of energy infrastructure in Latin America. Strong commercial leadership with deep in-market presence, combined with integrated operational execution, enables us to move forward with greater speed, scale, and consistency in delivering our VISION 2030.”
Menelao Mora de la Lastra – Chief Commercial Officer (CCO)
Menelao Mora assumes this role with more than 25 years of experience across the automotive and energy sectors. He holds a Juris Doctor from the University of Havana and has held regional leadership positions at companies such as BMW, Mitsubishi Motors, and Daihatsu.
Since joining GWE in 2014, he has played a key role in strengthening the company’s positioning and advancing business development across the region. As Country Manager in Panama, he led public sector engagement and contributed to the execution of strategic projects such as ɅLMɅ MɅTER. He also structured distributed generation projects for large clients and led GWE’s business development efforts in the Dominican Republic.
As Chief Commercial Officer, he will lead GWE’s regional commercial strategy, focusing on opportunity origination, strategic relationship development, and engagement with key stakeholders—including governments and corporations—to advance projects across the markets where GWE operates.
Menelao Mora stated: “I take on this role with the conviction that project development in our region requires aligning multiple stakeholders. Our approach enables us to build long-term relationships and create the conditions needed to advance projects that contribute to a just energy transition in Latin America.”
Marcos Páez Saavedra – Chief Operating Officer (COO)
Marcos Páez holds a degree in Business Administration from Universidad del Norte, with a specialization in Commercial Management and an MBA from the same institution. He brings more than 25 years of experience in the technology and energy sectors, with a strong focus on innovation and value creation.
Prior to joining GWE, he was involved from early stages in the development of the renewable energy sector in Latin America, leading projects totaling more than USD 60 million at GreenYellow, contributing to the award of 290 MW in auctions held by Colombia’s Ministry of Mines and Energy while at Trina Solar, and positioning Panasonic as an EPC provider in energy solutions across the region.
He joined Greenwood Energy in 2023 as Country Manager in Colombia, where he built a regionally integrated team, expanded operations in the country, and led key milestones in TERRɅ INITIɅTIVE, including securing financing under IFC and IDB standards, as well as engaging with the Arhuaco People in dialogue processes with public, private, and non-governmental stakeholders.
As Chief Operating Officer, he will lead operational execution at both global and regional levels, drive expansion into new markets, and further consolidate GWE’s co-development model with communities, ensuring consistency, efficiency, and scalability in the implementation of the Greenwood Model.
Marcos Páez stated: “Our responsibility is to turn challenges into opportunities. What we are building goes beyond energy projects—it is a development model in which business, communities, and the environment move forward together. I take on this role with the commitment to further strengthen, both internally and externally, what makes us unique as a company.”
With these appointments, GWE further strengthens its regional executive structure, aligned with VISION 2030 and positioned to accelerate its growth across Latin America. The integration of commercial and operational capabilities enhances GWE’s ability to originate opportunities, execute with consistency, and scale its development model across the markets where it operates. In this context, GWE reaffirms its commitment to leading a just energy transition in the region, advancing solutions that integrate economic development, social impact, and long-term sustainability.