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APRI, PSALM Hold Forum with Host Barangays on Land Lease Agreement

The Wednesday Herald by The Wednesday Herald
September 26, 2024
in News
Reading Time: 2 mins read
APRI, PSALM Hold Forum with Host  Barangays on Land Lease Agreement
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by Wendy Bautista

 

Sto. Tomas, Batangas –  AP Renewables Inc. (APRI) and the Power Sector Assets and Liabilities Management (PSALM) of the Department of Energy (DOE), conducted a half-day forum for the barangay officials of its host communities regarding the Land Lease Agreement (LLA). The forum was held last September 11, 2024 at the Covered Court of Brgy. San Felix in this city.

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According to Leonardo Robel, APRI Vice President for Corporate Services, the forum will enable the host communities to meet the lessor and land owner of the MakBan power plants that APRI  has been operating since 2009. The event was also able to provide an opportunity for host communities to gain a deeper understanding of the key provisions of the LLA, enabling them to actively contribute to ensuring compliance and preventing potential issues within their areas.

While the forum was informative, the highlight came when the barangay officials had the opportunity to meet with PSALM officials overseeing the MakBan Land Lease Agreement. This allowed them to ask questions directly and receive immediate responses, fostering open communication and clarity.

Renewable energy with several hydroelectric, geothermal, and solar power generation facilities were also discussed. They also learned that AboitizPoweralso has thermal power plants in its generation portfolio to support the country’s baseload and peak energy demands.

The company also owns distribution utilities that operate in high-growth areas in Luzon, Visayas, and Mindanao, including the country’s second and third-largest private utilities.

AboitizPower, together with its partners, is the Philippines’ largest owner and operator of renewable energy based on installed capacity. In the next 10 years, the company will significantly expand its Cleanergy portfolio, in support of the government’s efforts to promote renewable energy in the country. AboitizPower will build an additional 3,700 MW of renewable energy, growing its existing Cleanergy capacity threefold by 2030.

About AP Renewables Inc.

APRI, a wholly-owned subsidiary of AboitizPower, is one of the leading geothermal energy producers in the country. It delivers clean and renewable baseload power with two facilities that it operates in Tiwi, Albay; Bay and Calauan, Laguna; and Sto. Tomas, Batangas.

 

About AboitizPower

AboitizPower is the holding company for the Aboitiz Group’s investments in power generation, distribution, and retail electricity services. It advances business and communities by providing reliable and ample power supply at a reasonable and competitive price, and with the least adverse effects on the environment and host communities.

The company is one of the largest power producers in the Philippines with a balanced portfolio of assets located across the country. It is a major producer of Cleanergy, the company’s brand for clean and renewable energy with several hydroelectric, geothermal, and solar power generation facilities. It also has thermal power plants in its generation portfolio to support the country’s baseload and peak energy demands.

The company also owns distribution utilities that operate in high-growth areas in Luzon, Visayas, and Mindanao, including the country’s second and third largest private utilities.

AboitizPower, together with its partners, is the Philippines’ largest owner and operator of renewable energy based on installed capacity. In the next 10 years, the company will significantly expand its Cleanergy portfolio, in support of the government’s efforts to promote renewable energy in the country. AboitizPower will build an additional 3,700 MW of renewable energy, growing its existing Cleanergy capacity threefold by 2030.

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