Alsons Power Holdings

Alsons Power Holdings is an investment company affiliated with the Alcantara Group which is also used as an umbrella name for the power business concerns of the Group. The Group’s power generation facilities are mainly focused on the island of Mindanao where these plants play a key role in providing electricity to fuel Mindanao’s growing population and expanding economy.

The currently operating power generation facilities of Alsons Power include the Western Mindanao Power Corporation (WMPC) 100 Mega Watt (MW) diesel-fired power plant in Sangali, Zamboanga City; that commenced operations in 1997, and the Southern Philippines Power Corporation (SPPC) 55 MW diesel-fired power plant in Alabel, Sarangani Province; that began operating in 1998. Both plants supply power to the Mindanao grid under an 18 year Energy Conversion Agreement (ECA) with the National Power Corporation (NPC).

Alsons Power is also developing two coal-fired power plants that will help alleviate the power shortage in Mindanao. The Sarangani Energy Corporation (SEC) power plant in Maasim, Sarangani will have the capacity to produce up to 200 MW of electricity for Southern and South Central Mindanao. The SEC plant broke ground in November 2011 and aims to have its first phase operational by early 2015. The San Ramon Power, Inc. (SRPI) plant will be located in San Ramon, Talisayan, Zamboanga City. The SRPI facility will be able to generate up to 100 MW of electricity for Zamboanga City and nearby areas. The SRPI plant is expected to be operational by 2016.

Apart from the coal-fired plants, Alsons Power is in the process of reacquiring the 102 MW Iligan Diesel Plant from the City of Iligan. The plant was owned and operated by Alsons Power under an ECA with NPC until, in accordance with the agreement, ownership of the plant was transferred to NPC in 2006. Once the Iligan Plant is turned over to Alsons Power it will be rehabilitated and gradually be brought back to operation in order to help provide immediate relief from the rolling power outages currently afflicting Mindanao.

Alsons is engaged in power plant management and maintenance operations under Alto Power Management Corporation (APMC) a partnership between Alsons Consolidated Resources, Inc. (ACR) through Conal Holdings Corporation (CHC) and Toyota Tshusho Corporation of Japan. APMC currently operates both WMPC and SPPC. APMC has also provided management or consultancy services to power plants in Vietnam, Pakistan, and Indonesia.

All of these efforts are in keeping with Alsons Power’s commitment to provide safe, reliable, and affordable power to the people of Mindanao and the rest of the country.