Saturday , May 26, 2018

AP to add some 500 MW of capacity in 2018

ABOITIZPOWER is set to add some 500 MW of attributable capacity in 2018 from the completion of several hydro and baseload plants in Luzon, Visayas, and Mindanao.

AboitizPower president and COO Antonio R. Moraza said the projects are on track and should be mostly online in the first half of 2018.

“We have one of the most diversified portfolios in the country and we continue to be on the lookout for opportunities to push our balanced mix strategy.” Moraza said AboitizPower expects to make a decision within the year on its Aseagas biomass power plant facility in Batangas that is currently under extended shutdown. (PR)