PRIVATESECTORINITIATEDPOWERPROJECTS(VISAYAS)

COMMITTED
Asof30September2014
Committed/
Indicative

NameoftheProject

Project
Proponent

Location

COAL

Committed

TPCCoalFiredPower
PlantExpansionProject ToledoPower
(1x82MWCoalFired Company
PowerPlant

ToledoCity,
Cebu

Rated
Capacity
(MW)
352.00

82

2X135MWConcepcion
CoalfiredPowerPlant
Committed

PalmThermal
Phase1135MW
Consolidated
(1stUnit)
HoldingsCorp.

Brgy.Nipa,
Concepcion,
Iloilo

270

Phase2135MW
(2ndUnit)

GEOTHERMAL

Committed

NasuloGeothermal
Project

ProjectStatus

FinancialArrangementSecured:LoanagreementwithBanksinplace,financialcloseon07March2013(70%Loan/30%Equity);
SecuredClearancefromDOEfortheconductofGISon3March2011;
ECCissuedlast28August2012;
BOICertificateofRegistrationNo.2012225last23October2012;
Ongoingconstruction(asofApril201490.2%completed);
Groundbreakingon11November2012;
ProjectfeeisPhp10.17B

TargetTesting&
Commissioning

October2014

TargetCommercial
Operation

December2014

FinancialArrangementSecured:Doneon24July2013;
SecuredClearancefromDOEfortheconductofGISon14June2012;
SISReportapprovedbyNGCPon17July2012;
SecuredtheAppraisalreportforthePPA/MLAfromtheDENRRegionalDirector;
CommencementofConstructionfor1stUniton18July2013;2ndUnitonSeptember2014(specificdatesforthe2ndunitwillstillfirmedupafter1st 1stUnit3rd
1stUnit2nd
unit'scommencementofconstruction);
Quarterof2015
Quarterof20162nd
Offtaker:SignedElectricPowerPurchaseAgreements(EPPA)withVRESCO(5MW)14Nov.2012,NOCECO(10MW)31Jan.2013,NORECO(1MW) 2ndUnitMay
UnitNovember
13Feb.2013,CENECO(22.6MW)on11March2013,PECO(10MW)on20May2013,AKELCO(12MW)on22Aug.2013,andCAPELCO(2MW)on5Sep. 2016toSeptember
2016(specificdates
2013;
2016(specificdates
forthe2ndunitwill
Groundbreakingofconstructionon15Jan.2013;
forthe2ndunitwill
stillbefirmedup
CommencementofConstruction1stUnit18July2013,2ndUnit(specificdatesforthe2ndunitwillstillbefirmeduplater;
stillbefirmedup
after1stunit's
Procurementofpowerplant'smajorequipmenthasbeencompleted;Manufacturingofequipmentisongoing;
after1stunit's
commencementof
Constructionasof31May2014;ScopeofWorks:a.PlantSite80%;b.CoalYard70%;PilingWorks:a.BoilerArea100%;b.ElectrostaticPrecipitator commencementof
construction);
88.50%;TransmissionFacilitya.GeologicalandTechnicalInvestigation100%;b.RouteandParcellaySurvey95%;c.RightofWayAcquisitionc.1.No. construction)
ofTowerSitesAcquired138kV66%;69kV51%;c.2.No.ofInBetweenTowersAcquired138kV30.80%;69kV29.30%;AwardedtheTransmissionLine
andSubstationProjecttoTBEAShenyang;Contractwassignedon17July2014;
DOEEndorsementforNCIPforUnit1issuedon3June2014;
ProjectcostisPhp26.356B

50.00

Energy
Development
Corporation

Nasuji,
Valencia,
Negros
Oriental

50

FinancialArrangementSecured;tobefinancedbyEDC(100%equity);
Undergoingreliabilityrun(aspartoftestingandcommissioningactivities)
SecuredClearancefromDOEfortheconductofGISon21November2011;
CertificateofCommercialityandCertificateofAdditionalInvestmentobtained;DOEServiceContractwithinGRESC#200910002;LGU
endorsement,LandUsePermits,DENRECC,andWaterRightsobtained;
StartofconstructionJanuary2013;StartofReliabilityTestonMay2014;
OngoingconstructionstartedonJan2013;
Groundbreakingon11November2012;
Projectaccomplishment:Phase1(civilworks)99.34%;Phase2(Electromechanicalworks)99.32%;
Projectcost$91M

October2014

October2014
(TargetTesting&
Commissioning)

PRIVATESECTORINITIATEDPOWERPROJECTS(VISAYAS)
COMMITTED
Asof30September2014
Committed/
Indicative

NameoftheProject

Project
Proponent

Location

HYDROPOWER

Committed

VillasigaHEP

Committed

Cantakoy

Committed

Rated
Capacity
(MW)
16.00

ProjectStatus

FinancialArrangementSecuredfromBank;
Variouspermitsobtained(WaterPermitlast19Februaru2010,ReconnaisancePermit,ECClast8July2010,BOIlast24November2010andDOE
HydropowerServiceContractlast1February2010);
AlreadysecuredLGUEndorsements,DENREnvironmentalComplianceCertificate;
SunwestWater Brgy.Igsoro,
Submittedfeasibilitystudy,detailedengineeringdesignand5YearWorkPlan;
&ElectricCo.,
Bugasong, 8.00
Offtaker:EnergySalesAgreementwithAntiqueElectricCooperative;
Inc.
Antique
ProjectcostPhp1.4B
Constructionis98%completeasof11June2014;
ProjectcostPhp1.4B
Quadriver
EnergyCorp.

FinancialArrangementSecured;
Danao,Bohol 8.00 SecuredClearancefromDOEfortheconductofGISon11July2011;
ConstructionwasonholdduetoconflictwithLGU

TargetTesting&
Commissioning

September2014

June2017

SOLAR

9.00

SanCarlosSolar
PhotovoltaicPower
Project
(PhaseB9MW)

FinancialArrangementSecured:100%equityfinanced;
AwardedwithSolarEnergyServiceContract(SESCNo.201309037)on30October2013;
AcquiredECCfromDENR,MunicipalandBarangayResolutionsofSupport,LeaseAgreementswithlandowners,andEPCContractwithConergyand
SchemaKonsult,Inc.;
SubmittedaphotocopiesofSubscriptionAgreementdated02May2013foratotalamountofUSD48.2MillionbetweenSACASOLanditssponsor,
ThomaslloydCleantechInfrastructureFundGmbh,withthecorrespondingNotesissuedamountingtoUSD1.9MM;
AcquiredtheDOECertificateofConfirmationofCommercialityon03March2014;
Phase2August
9.00 SecuredClearancefromDOEfortheconductofGISon25June2013;
2014
AcquiredNGCPSystemImpactStudy,approvedFacilityStudyandConnectionAgreement;
InagurationofSacasol115May2014
ConstructionStageasof30September2014(Preconstruction100%completed,ConstructionofSolarFarm100%completed,Interconnection100%
completed);
ObtainedSystemImpactStudyfromNGCP;
PhaseAwassuccessfullycommissionedandstartedcommercialoperationon15May2014;
TotalprojectcostisUS$43.1Million;

SanCarlos
SolarEnergy
Inc.

SanCarlos
City,Negros
Occidental

TargetCommercial
Operation

September2014
(TargetTesting&
Commissioning)

June2017

Phase2August
2014
(PhaseB
successfully
commissionedand
alreadystarted
commercial
operationon16
August2014

PRIVATESECTORINITIATEDPOWERPROJECTS(VISAYAS)
COMMITTED
Asof30September2014
Committed/
Indicative

NameoftheProject

Project
Proponent

Location

WIND

Committed

Committed

NabasWindPower
Project
PhaseI34
PhaseII16

54MWSanLorenzo
WindPowerProject
(8MW&46MW)

PetroWind
Energy
Corporation

TransAsia
Renewable
Energy
Corporation

Brgy.Pawa,
Nabas,Aklan

SanLorenzo,
Guimaras
Island

Rated
Capacity
(MW)
104.00

50

54

ProjectStatus

FinancialArrangementSecured:Submittedacertificationdated31August2012fromitsLeadArranger,ensuringtherequiredfinancingisalready
availableifneeded;
AwardedwithWindEnergyServiceContract(WESCNo.200909002)on14Sept2009;
Conducteddetailedwindresourceassessment;
CompletedfinalfeasibilitystudyonAug2012;
SecuredClearancefromDOEfortheconductofGISon16September2011;
SISFinalReportfromNGCPdated1Oct2012;
AcquiredECCfromDENRdated4Jun2012;
AcquiredCNOfromNCIP;securedBarangay,Municipal,andProvincialResolutionsofSupport;EPCContractwithEEICorp.secured31Jul2012;
HeadsofAgreementwithAKELCOforT/Lconstructionsecured28Nov2012;
AcquiredtheDOECertificateofConfirmationofCommercialityon31May2013;
Ongoingconstructionasof30September2014(Preconstruction98%completed,Construction20%completed,Interconnection69%
completed);
OngoinglandrightsacquisitionforWTGFoundations,accessroads,andcivilworksonaccessroads;
TotalprojectcostisUS$118.44M;

TargetTesting&
Commissioning

Phase1(36MW)
January2015
Phase2(14MW)
3rdQuarter2015

FinancialArrangementSecuredon12December2012(30%equityand70%debt);
AwardedwithWindEnergyServiceContract(WESCNo.200910009)on23Oct2009;
Conducteddetailedwindresourceassessment;
Completedfeasibilitystudy;
SecuredvariousLGUpermitsandResolutionofSupport;SecuredECCpermitforthewindfarmon19February2010;SecuredNCIPCertificateofNon
Overlapon23July2010;SecuredSystemImpactStudyFinalReportfromNGCP;SecuredECCfortheconstructionofoverheadT/Lon14May
2012;SecuredECCfortheupgradingofIloiloGuimarasSubmarineCableon14May2012;SecuredCAAPHeightClearancefor27WindTurbine
Generators;SecuredDPWHRightofWaypermitforoverheadT/L;SecuredContracttoLease/Sellfromlandowners;TurnkeyEPCContractawarded December2014
toKanetmatsuinNovember2012;
AcquiredDOECertificateofConfirmationofCommercialityon16May2013;
ConductedGroundbreakingCeremonyon30June2013;
Ongoingconstructionasof30September2014(PreConstruction100%complete,Construction33%complete,Interconnection77%complete;
InstallationofWIndTurbineGenerator(WTG)sets:20%;OngoinglandrightsacquisitionforWTGFoundations,accessroads,andcivilworkson
accessroads;Erected350outof383polesforoverheadTL;OngoingtestingofIloiloGuimarasSubmarineCable;OngoingstringingofoverheadTL;
TotalprojectcostisUS$140.9Million;

TargetCommercial
Operation

Phase1(36MW)
January2015
Phase2(14MW)
3rdQuarter2015
(TargetTestingand
Commissioning)

December2014
(TargetTestingand
Commissioning)

PRIVATESECTORINITIATEDPOWERPROJECTS(VISAYAS)
COMMITTED
Asof30September2014
Committed/
Indicative

NameoftheProject

Project
Proponent

Location

BIOMASS

Committed

Committed

46MWUniversalRobina Universal
CorporationBagasse Robina
CogenerationFacility Corporation

20MWSCBiopower
BagasseFiredPower
GenerationProject

SanCarlos
BiopowerInc.

Committed

Hawaiian
12MWHPCoBagasse
Philippines
CogenerationPlant
Company

Committed

Victorias
34MWVMCIBagasse
Milling
FiredCogenerationPlant
CompanyInc.

Kabankalan,N
egros
Occidental

Negros
Occidental

SilayCity,
Negros
Occidental

Negros
Occidental

TotalCommittedRatedCapacity

Rated
Capacity
(MW)
55.00

ProjectStatus

TargetTesting&
Commissioning

TargetCommercial
Operation

31.00

FinancialArrangementSecured;
BREOCNo.201311040;
IssuedCertificateConfirmationofCommercialityon24April2014;
Ongoingconstruction:ProjectProgressasof30September2014:Preconstruction:100%;Construction:34%;Interconnection:73%)
Ongoingconstructionasof31May2014(OverallAccomplishment45%completed)a.PowerHouseStructuralandCivilWorks;b.SteamTurbine
GeneratorHouseStructuralWorks;c.BoilerHouseStructuralandCivilWorks;d.CoolingTowerFoundationWorks;e.TransmissionFacility
ClearancetoUnderatakeGISfromDOEissuedon18October2013;

18.00

FinancialArrangementSecured;
Ongoingsitedevelopment;
Variouspermitspermitsobtained(ECC,LGUEndorsement,LandUsePerit,etc);
HasEPC;
SECsecured29July2009;
ECCsecured28June2011;
SecuredClearancefromDOEfortheconductofGISon22June2011;
December2015
GIScompleted4June2012;
EPCsigned10Aug.2012;
CommencementofconstructiononDec.2012;
ScopeofWorkcompletion:AdminBuilding46.48%;ConstructionofTemporaryaccessroad24.56%;SiteDevelopmentforWarehouse,elctrical&
machineshop87.14%;SiteDevelopmentforFuelShedNo.227.56%;InstallationofWIndTurbineGenerator20%;
Projectcostis$3.5B

December2015
(TargetTesting&
Commissioning)

3.00

FinancialArrangementSecured;
BREOCNo.201302029;
IssuedCertificateConfirmationofCommercialityon22January2014;
ConstructingsubstationandtransmissionlinegoingtoNGCP;
SecuredClearancefromDOEfortheconductofGISon25March2013;
DeclaredCapacityis8MWbutwillbeexporting3MWtothegrid;
IssuedDeclarationofCommercialityon22January2014;
100%Constructed(OperatingforOwnUse);
ProjectStatusasof30September2014:Preconstruction100%,Construction93%,Interconnection15%;
ConstructionofInterconnectionFacilityistargetedat3rdweekofSeptember2014;
CompletionfateofTransmissionLinestilldependsontheissuanceofSISfromNGCP;Willonlystartconstructionupontherelease/issuanceofthe
SIS;
Increasedcapacityfrom8MWto12MWasperamendmentofBREOCNo.201302029whichtookeffecton9June2014;
OperatingforOwnUseonOctober2013;

November2014
(TargetTestingand
Commissioning)

3.00

FinancialArrangementSecured;
SecuredClearancefromDOEfortheconductofGISon29May2013;
ApprovedSISonSept2014;
AmendedCapacityfrom2MWto3MWon4September2014;
OperatingforOwnUse;

586.00

Phase1(16MW)
Phase1(16MW) December2014
December2014
Phase2(30MW)
Phase2(30MW) December2014
December2014
(TargetTestingand
Commissioning)

November2014