Friday, September 12, 2014

Philippines:

Aboitiz Group Expresses Interest in Mt. Apo Geothermal Plant (InterAksyon)

The Aboitiz Group has expressed interest in acquiring government-owned power supply contracts in Mindanao.

Erramon I. Aboitiz, Aboitiz Equity Ventures Inc president, told reporters late Thursday that the company is keen on bidding for power plants and supply contracts.

Among the assets the company wants to pursue is the government's contracted capacity with the 92-MW Mt. Apo geothermal plants in North Cotabato.

The bidding for the contracted supply, which state-run Power Sector Assets and Liabilities Management Corp (Psalm) will conduct, is scheduled on September 24.

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