Palm Concepcion Power Corporation (PCPC) is operating the first unit of the 2 x 135MW coal-fired power plant in Concepcion, Iloilo with the second unit already in the initial stage of pre-construction activities. The plant was developed as a new base load power plant in Panay Island to address the requirements of the grid. The Project is located in Sitio Puntales, Barangay Nipa, Municipality of Concepcion, Iloilo Province in the Island of Panay. The town of Concepcion, which lies along the northeast shoreline of the province, is 103 km from Iloilo City by road.
Full commercial operations began on August 16, 2016, generating electricity for Panay, Negros, Cebu, and Leyte islands.
Peakpower Energy, Inc. (PEI) was set up to address the lack of base load power in the Mindanao electric and in the future to allow the partner electric cooperatives to meet their demand for peaking power. PEI’s focus is on putting up peaking plants in partnership with credit-worthy electric cooperatives to address power shortage in Mindanao. These plants are under build-operate-transfer arrangements, ownership of which will be transferred to each off-taker at the end of the 15-year cooperation period at no extra cost. PEI has three wholly-owned subsidiaries with a total peaking installed capacity of 55MW.
Hydro Link Projects Corporation (HLPC) is a wholly-owned subsidiary of ABCI focused on hydropower and renewable energy development. It is developer of the 16MW Carac-an Hydroelectric Power Project in Cantilla, Surigao del Sur which is in the pre-development stage.
The project was awarded on June 13 2013 Hydroelectric Service Contract (HSC) No. 2013-04-244. The Feasibility Study of the project has been completed and the project has applied for the Declaration of Commerciality.