Ambuklao-Binga Hydroelectric Power Complex

Project Information
Country: Philippines Location: Itogon and Bokod municipalities, Benguet province
Technology: Large Hydro Development stage: Financial Closure
Status: Operational Number of system(s): 1
Captive facility: No Percentage captive: ..
Contract Information
Type of PPI: Divestiture Subtype of PPI: Full
Contract period (years): .. Termination year: ..
Main revenue source(s): Purchase agreements or transmission fees with public and private entities and sales to wholesale markets 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: SN Aboitiz Power Benguet, Inc.
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: Yes

Sponsor Details

Sponsor % Ownership Country of origin
Aboitiz Equity Ventures 50 Philippines
SN Power 50 Norway

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
2008 100 325 170 225 MW ..
2012 100 .. 55 280 MW ..

Multilateral Support Details

Column1 Column2 Column3 Column4
2008 IFC Loan 85
2008 IFC Quasi-equity 15

Funding Details

No details available