Palinpinon and Tongonan Geothermal Power Plants

Project Information
Country: Philippines Location: Valencia, Negros Oriental & Leyte Province in Eastern Visayas
Technology: Geothermal Development stage: Financial Closure
Status: Operational Number of system(s): 2
Captive facility: No Percentage captive: ..
Contract Information
Type of PPI: Divestiture Subtype of PPI: Full
Contract period (years): .. Termination year: ..
Main revenue source(s): Not Available Contract award method: Competitive bidding
Bid criteria: Highest price paid to government Number of bids: 2
Renewal contract award method: Not Applicable Renewal bid criteria: Not Applicable
Government granting contract: Federal Renewal number of bids: ..
Financial Information
Project company:
Publicly traded: No Stock market: N/A
Type of government support: ..
PPP project: Related infrastructure by government: ..
PPP part of public project: Key features of guarantee: ..
Key features to support revenue/reduce cost: .. Total cost of public project:
PPP type: .. Concession period type: ..
Banks/funds involved (depth financing):
Commissioning date: Project grid: ..
Carbon credits:

Sponsor Details

Sponsor % Ownership Country of origin
First Philippine Holdings Corporation (FPHC) 60 Philippines

Project Investment History (proposed investment listed for pipeline projects)

Year % private Payment commitments to the government * Investment commitments in physical assets Capacity Type Government cash subsidy commitments
2009 60 220 .. 305 MW ..

Multilateral Support Details

No details available

Funding Details

No details available