A Brown Company Incorporated
A Brown Company, Inc. is a company listed on the Philippine Stock Exchange. It is the holding company for the various businesses of Dr. Walter W. Brown and family, with strategic interests in agribusiness (palm oil plantation and milling), power generation (coal, diesel, hydro and renewables) and resources (precious metals, oil and gas exploration).
The company has generally focused on business interests in Mindanao, though both the power and real estate segments have investments in other regions. Real Estate is one of the core businesses of ABCI.
Its prime real estate development property is Xavier Estates in Cagayan de Oro City. It is Mindanao’s most successful high-end residential subdivision. All real estate developments follow the concept of a mixed-use, nature-themed, well-planned integrated community. ABCI also introduced the first and only country club with proprietary membership in Mindanao, the Xavier Sports and Country Club. It is also the biggest country club inside a residential estate equipped with the first computerized 8-lane 10-pin bowling center in Mindanao. ABCI created West Highlands in Butuan, the first residential estates in the Caraga Region located beside a golf club and driving range. ABCI also created the first resort residential estates in Northern Mindanao, Coral Resort Estates in Initao, Misamis Oriental.Other real estate projects owned and developed by ABCI are located in Valencia City and Manolo Fortich (Bukidnon), and Cainta, Rizal.
The demand for ABCI real estate properties continue to be strong due to its idyllic views, high elevation and flood-free locations; well-developed infrastructure with wide main roads; centralized water system; lush greenery, tree-lined streets and landscaped roadways; high pressure sodium lamps; parks and playground, and, jogging and bicycle paths, located in communities near churches, malls, schools and commercial centers.
Other projects in the pipeline include socialized housing development. condominium development, and construction of commercial areas.
Moving forward, the company is shifting its focus to middle income housing (classified as economic housing) and socialized housing to take advantage of the 3.0-million supply backlog in these sectors.
In recent years, the company has diversified its business interests towards power generation and agribusiness in the form of palm oil, industries that are seen to provide steady, recurring income. The company also has a minority investment in Monte Oro Resources and Energy, Inc., a private company with investments in gold mining and oil and gas exploration.
A Brown Energy and Resources Development, Inc. (ABERDI) holds the Group’s interests in the palm oil industry. ABERDI and its wholly owned subsidiaries are active in palm oil nurseries, plantations, and milling.
The Group’s power generation businesses are held under three different companies.
Palm Thermal Consolidated Holdings Corporation operates the first of a 2×135 MW coal fired power plant in Iloilo. The joint venture’s operating entity is Palm Concepcion Power Corporation.
For bunker-fired power plants, the 55MW Peakpower Energy Inc. serves various electric utilities in General Santos, Agusan del Sur, and part of Bukidnon.
Hydro Link Projects Corporation is a wholly owned subsidiary of ABCI that focuses on hydroelectric power generation projects. It is currently developing a 26 MW plant in Surigao del Sur.
AB Bulk Water Company, Inc. is a bulk water supply project in Opol, Misamis Oriental in partnership with the local government.