Monday, December 16, 2013

Philippines:

Aboitiz Unit Bags New Geothermal Deals (BusinessWorld Online Edition)

AP Renewables, Inc. (APRI) has bagged two new service contracts covering geothermal concession areas in Mindanao, an official from the Energy department said on Friday last week.

“Two geothermal service contracts were awarded to APRI,” Ariel D. Fronda, the department’s chief for Geothermal Energy Management Division, said in a text message. “These are Kapatagan-Sibulan and Talomo-Tico projects. Both in North Cotabato.”

Besides APRI, the department had also awarded a service contract to Basic Energy Corp. for a geothermal concession area in West Bulusan, Sorsogon, the company disclosed last week. The area hosts Mt. Bintacan, Mt. Tabon-Tabon, Mt. Sisigon, Mt. Malobago, Mt. Calomoutan and Mt. Sujac.

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