Philippines: GBPC to expand energy portfolio, Luzon operations

Philippines: GBPC to expand energy portfolio, Luzon operations

GLOBAL BUSINESS POWER CORP. (GBPC) IS BANKING ON THE INCREASED
INFRASTRUCTURE DEMAND AND POSITIVE BUSINESS OUTLOOK OF THE POWER SECTOR BY
EXPANDING IT ENERGY PORTFOLIO AND BREACHING INTO LUZON.

"One of our key priorities is to support the country's growth momentum, and
we look to harness various opportunities as we help cater to the country's
growing energy requirements," GBPC President Rolando Bacani said.

Bacani said expanding GBPC's portfolio is crucial to more effectively
address the needs of consumers.

The company is eyeing Luzon as its next frontier, GBPC executive vice
president Jaime Azurin said.

"Now that we have secured the baseload requirement of the Visayas with our
facilities in Cebu and Panay, we are now looking into expanding in Luzon,"
he said.

He said that the company has plans to put up a 2×335-MW coal-fired power
facility in the region.

The GBPC official also said that they are looking to enter the renewable
energy sector.

"Another key priority for us is to explore renewable energy sources as part
of our commitment to offer flexible energy solutions to our customers,"
Azurin said.

Global Renewable Power Corp. (GRPC), GBPC's RE arm, has been looking into
renewable energy projects like bagasse and hydro.

"We have a couple of biomass projects in the pipeline, which will be our
first foray into RE," Azurin said.

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Link to Original Article:
http://powerphilippines.com/2017/03/22/gbpc-expand-energy-portfolio-luzon-op
erations/

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com