2014 Private Sector Initiated Power Projects Luzon Committed September 30[1]

PRIVATESECTORINITIATEDPOWERPROJECTS(LUZON)COMMITTEDAsof30September2014

Committed/Indicative NameoftheProject

ProjectProponent Location

RatedCapacity(MW)

ProjectStatus TargetTesting&Commissioning

TargetCommercialOperation

COAL 1,372.00

Committed135MWPutingBatoCoalFiredPowerPlantPhaseI

SouthLuzonThermalEnergyCorp.(SLTEC)

Brgy.PutingBatoWest,Calaca,Batangas

135

FinancialArrangementSecuredon28October2014;GISapprovedbyNGCPon17May2013;StartedConstructiononDecember2011;ConstructionDuration32Months;230kVSalongSwitchingStationownedbyNGCPistiedupwithSLTEC;230kVSalongSwitchingStationenergizedBay1;Alltestaremadeforthe230kVswitchyard;Generatorisforfinalalignment;Allmaterialsfortheprojectisforinstallation;Hydrotestandthermalinsulationinboilercompleted;OngoingairductingandinsulationforESP;EPCworksasof31August201498.88%completed;ConstructionProgress:Commissioingofinstalledequipments;Ongoingcommissioningofsteamblowing,watertreatmentandsaltwaterintake;Allmaterialsneedareinstalled;OngoingairductingandinsulationforESP;AshManagementFacilityCompletion30April2014;GroundbreakingFebruary2012;ProjectcostisPhp12.9B

May2014 October2014

Committed2X150MWSLPGCCoalFiredPowerPlantPhaseI

SouthwestLuzonPowerGenerationCorporation(ProjectCompany)

Brgy.SanRafael,Calaca,

Batangas300

FinancialArrangementSecuredon24February2012(60%Loan/40%Equity);GISapprovedbyNGCPon8November2011;AwaitingfortheapprovalofNGCPfortheDasmariasCalacaReinforcementandrightofwayforthetransmissionlines;Hydrotestingfortheboiler25April2014;Embeddedplateforturbine,readyforinstallationUnit1;CompleteSeawaterIntakeJune2014;OngoinginstallationforpanelsUnitII;ExpectedtocompleteCoalyardoperationbyMidMay2014;230kVSwitchyardsteelsuperstructureissubstantiallycompleted;Ongoingnegotiationswithprospectiveofftakes(DUsandthosecurrentlywithPSAsandcontestablemarketunderOpenAccessRegime;SiteMobilization/CommencementofConstructiononMay2012;ProjectProgressasof31August201486.7%;CompletedSteamTurbineBedPlateLocatingUnitII;CompletedBoilerTestHydroTestUnitII;OngoinginstallatonofCWPiping;OngoingCentralControlRoomCivilWorks;AssemblyandalignmentofturbneonSeptember2014;Ongoingerection/assemblyofgantrysteelstructure(beamandcolumns)andequipmentpedestalsteelstructure;DCSCabinetUnit1tobeenergizedbytheendofAugust2014;GroundbreakingMay2012;ProjectcostforPhaseIisPhp20.4B

UnitI&IIDecember2014

Unit1March2015Unit2June2015;

Committed135MWPutingBatoCoalFiredPowerPlantPhaseII

SouthLuzonThermalEnergyCorp.(SLTEC)

Brgy.PutingBatoWest,Calaca,Batangas

135

y ;GISapprovedbyNGCPon17May2013;StartedConstructiononAugust2013;ConstructionDuration28Months;DeliveredBoilerStreamDrum22April2014;DeliveryofTurbine2ndweekofSeptember2014;EPCworksasof31August2014:64.05%completed;TurbineGenerationHouseOngoingconstruction;BoilerStructure:OngoingConstruction;Coalyard98%completed(asofAugust2014);OngoingConstruction;Downcomerpipesinstalled;AwaitingforESPstructure;ChimneyFoundtion3.7m;MaterialReceivingFacility99.59%completed;GroundbreakingTargetDateAugust2013;ProjectcostisPhp9.6B

June2015 November2015




RatedCapacity(MW)



Committed

AndaPowerCorporation's82MWCiculatingFluidizedBedCoalFiredPowerPlant

AndaPowerCorporation

Brgy.Bundagul,Mabalacat,Pampanga

82

FinancialArrangementSecured;Ongoingnegotiationswithofftakers;AwaitingforthereviewreportofNGCPoftheSIS(Unit1tobeincludedinthesimulationintheSIS);CommencementofConstruction:March2014;TotalProjectCost$196,246,837.63;

June2015 October2015

Committed300MWLimayPowerPlantProjectPhaseI(2x150MW)

SMCConsolidatedPowerCorporation

Brgy.Lamao,Limay,Bataan 300

FinancialArrangementSecured(65%Loan/35%Equity);EnvironmentalImpactAssessmentcompleted;TopographicandHydrographiccompleted;SoilInvestigationcompleted;GIS/SISsubmittedlast12July2013,underreviewofNGCP;Sitedevelopmentintermsofphysicalaccomplishmentasof26September2014is74.14%;ConstructionActivitiesofUnit1&22x150MWPowerPlant2.30%;DesignandConstructionofPierandJettyStructureis67.59%;EngineeringDesign&ManufacturingofParts71.49%;AshDumpDesignandConstruction100%;FacilityStudyalreadysenttoNGCPforreview;EPCwasexecutedinJanuary2013;ECCwasissuedonSeptember2013;ConstructionoftheProjecthasbeenunderwaysinceJanuary2014SECissuedlast19August2011;Landacquisitioncompleted;Ongoingelectricpowersupplycontractnegotiationwithprospectiveofftakers(DUs);ClearancetoUnderatakeGISfromDOEissuedon13February2013;Projectcostis$622.15M/Php25.508B

Unit1150MWMarch2016Unit2150MWJuly2016

Unit1150MWMay2016Unit2150MWSeptember2016

Committed1x420MWPagbilaoCoalFiredThermalPowerPlant

PagbilaoEnergyCorporation

PagbilaoPowerStation,Nrgy.IbabangPolo,Pagbilao,

Quezon

420

FinancialArrangementSecuredwithvariouslenderson30July2014;Allconditionsprecedenthavebeenfulfilled/satisfied;Firstandseconddrawdownscompleted;EstimatedNetCapacity:400MW;FeasibilityStudycompleted;MarketingofGeneratingCapacities:Contractwithofftakerscompleted,Suppyagreementexecuted;Permits&OtherRegulatoryRequirements:EnvironmentalComplianceCertificatewasissuedon18June2013;SecuredendorsementfromSangguniangBarangayofIbabangPolo,SangguniangBayanofPagbilao,SangguniangPanlalawiganofQuezon;InfinalnegotiationswithNPC,PSALM,TeaMEnergyCorporationandThermaLuzon,Inc.tocolocatetheplantintheexistingPagbilaoPowerStation;MarketingofGeneratingCapacities:50%oftheplant'scapabilitywillbesoldtoThermaLuzinInc.andother50%willbesoldtoTeaM(Phils.)EnergyCorporation;ConstructionContractsforPlant&Equipment:Completedandexecuted;NoticetoProceedandCommencementNoticeissuedtoEPCContractor;DownPaymentalreadyreleasedtoEPCcontractor;TargetCommencementofEPCandConstruction:30May2014;GroundBreakingDate:23July2014EstimatedProjectCost:US$1,000,000,000.00

BetweenMaytoNovember2017 November2017




RatedCapacity(MW)



NATURALGAS 1,150.00

Committed

Pagbilao600MWCombinedCycleGasFiredPowerPlant

Proposed3x200MWCCGTPowerPlant

EnergyWorldCorporation

Brgy.IbabangPolo,Grande

Island,Pagbilao,Quezon

600

FinancialArrangementSecured:Financingequitywillbe100%sourcedfromEWC;GISfor300MWissuedbyNGCPon8August2013andrevisedon3July2013for600MW;IssuedDOEEndorsementforRevisedCapacityon3July2013;RevisedDOEclearanceforGISsubmittedtoNGCPonJanuary2014;GISfromNGCPforthe600MWwasreleasedonAugust2014;Landisalreadysecuredwithalongleaseenteredintosince2007;CommencementofConstruction:December2013;Offtaker:NospecificofftakeryetbutalreadyhaveadiscussionwithFederationofPhilippineIndustries,intendedtosupplypowerintotheWholesaleElectricitySpotMarketbutisalsoopentodiscussingpotentialofftakearrangementsaswell;PerrmitsandRegulatoryRequirements:SeveralResolutionshasbeenissuedonMay2014(SangguniangBarangayResolution,SangguniangBayanResolutionandSangguniangPanlalawiganResolution)interposingnoobjectionfortheconstructionofa600MWLiquifiedNaturalGas(LNG)PowerPlant;OngoingprocessingofECCforpowerplant;OngoingprocessingEnteredintoaSaleandPurchaseAgreementlastOctober2012withSiemensEnergyfortwo200MWgasturbinesandthefirst200MWturbineisexpectedtoarrivebySeptember2014;LNGTankiscurrentlyat50%constructioncompletedasofAugust2014;ProjectCost:$300M

January2015:1stUnit200MW,'Dec2015:2ndUnit200MW'Dec2016:3rdUnit200MW

FebruaryMarch:1stUnit200MW,'Dec2015:2ndUnit200MW'Dec2016:3rdUnit200MW

Committed 100MWSanGabrielAvionProject

PrimeMeridianPowerGenCorporation(ProjectCompany)FirstGen

Corporation

BarangayBolbok,Batangas

100

FinancialArrangementSecured:SecuredClearancefromDOEfortheconductofGISon21June2011;SystemImpactStudy(SIS)wascompleted;AmendmentofPhilippinePortsAuthority(PPA)chartertoaccomodatefortherightofwayfortheprojectsiteisstillforapprovalbytheOfficeofthePresident;EngineeringanddesignbytheContractorsisongoingfinalizationwithparallelreviewsbeingperformedbyPMPCanditsTechnicalConsultants;ExcavationandgroundpreparationworksbytheEPCcontractorareongoing;Procurementofplantequipmentiscontinuing,withmostofthemajorpowerplantcomponentseitherbeingmanufacturedorarescheduledfordeliverytothesite;Deliveryofthefirstoftwo(2)GasTurbineandsomeanicillaryeuipmenthavearrivedatthePortofBatangason5October2014andareexpectedtobedeliveredtothesiteby24October2014;Shipmentofthe2ndGasTurbineandancillaryequipmentisexpectedtoarriveattheprotofBatangasbytheendofOctober2014;AlltestareconductedsuchasSeismic,GeologicalandHydrotests;Seven(7)polesaretobesetupforthetransmissionlines;SigningofContractwithMeiscorfortheconstructionoftransmissionlineApril22,2014;CommittedArrivaloftheTurbineSeptember2014;Offtaker:Discussionwithtargetofftakersongoing;CommencementofConstructionwillbeonOctober2013;ProjectcostisPhp10B

April2015(TargetCommercialOperation)

April2015

Committed1x450SanGabrielPowerPlant(PhaseII)

FirstNatGasPowerCorp.

SanGabriel,Batangas 450

FinancialArrangementSecuredon10July2014:SecuredClearancefromDOEfortheconductofGISon18February2013;SISwasapprovedbyNGCPon11December2013.;CommencementofConstruction:December2013;Offtaker:Discussionwithtargetofftakerstargetedforthefirsthalfof2014;ConstructionoftheProjecthasbeenprogressingwithistepreparationandfoundationworks;ProjectcostisUS$600Million;

January2016 March2016




RatedCapacity(MW)



HYDROPOWER 34.30

Committed Sabangan HedcorSabangan,Inc.Sabangan,

Mt.Province 13.2

FinancialArrangementSecured;GroundbreakingheldonJune2013;IssuedConfirmationofCommercialityon28August2013;Ongoingconstruction(Preconstruction100%,Construction23.38%,Interconnection0%)completedasof30September2014;SecuredClearancefromDOEfortheconductofGISon18June2012;

June2015

June2015(TargetTestingandCommissioning)

Committed Inabasan OrminPower,Inc.

SanTeodoro,OrientalMindoro

10.0

FinancialArrangementSecured;Groundbreakingheldon29July2013;IssuedConfirmationofCommercialityon28May2013;AlreadysecuredDENRECC,NCIPCertificate,andNWRBPermit;SubmittedFeasibilityStudy,DetailedEngineeringDesignand5YrWorkPlan.

December2015

December2015(TargetTestingandCommissioning)

Committed Catuiran Sta.ClaraPowerCorp.

Naujan,OrientalMindoro

8.0

FinancialArrangementSecured;GroundbreakingheldinJanuary2013;IssuedConfirmationofCommercialityon07February2013;Submissionlackingrequirementse.g.permitsinprogress.

March2016

March2016(TargetTestingandCommissioning)

Committed LinaoCawayan (UpperCascade)

OrientalMindoroElectricCooperative,Inc.

Baco,OrientalMindoro 2.1

FinancialArrangementSecured;Ongoingconstruction;AlreadysecuredLGUEndorsement,DENRECC,NWRBCWP,NCIPComplianceCertificate;SubmittedFeasibilityStudyand5YrWorkPlan.FinancingfromDBP;ProjectcostPhP293M.

March2016

March2016(TargetTestingandCommissioning)

Committed BulanaoDPJEngineersandConsultants

Tabuk,Kalinga 1.0

FinancialArrangementSecured;IssuedConfirmationofCommercialityon11March2014;AlreadysecuredNCIPclearance,DENRPermits,ESAwithKalingaApayaoElectricCooperativeInc.,LandleaseAgreement;Ongoingconstructionofintakestructureandwithpurchaseorderfortheturbinegeneratorsystem;SubmittedFeasibilityStudyand5YrWorkPlan.FinancingfromDBP;ProjectcostPhP293M.

TBD TBD




RatedCapacity(MW)



SOLAR 50.00

CommittedCaviteEconomicZone(CEZ)SolarRooftopPowerProject

MajesticsEnergyCorporation

CaviteEconomic

ZonesIandII,RosarioandGen.Trias,Cavite

40

FinancialArrangementSecured100%Equity;AwardedwithSolarEnergyServiceContract(SESCNo.201310040)on30October2013;SecuredThirdPartySystemImpactStudy,ECC/CNCfromDENR,CNOfromNCIP,ProvincialResolutionsofSupport,CertificateofRegistrationfromPEZA,andEPCContract;AcquiredDOECertificateofConfirmationofCommercialityon27June2013;Completedtechnicalstudy;Ongoingconstructionasof30September2014(PreConstruction90%complete,Construction88%complete,Interconnection85%complete;)OngoingnegotiationforConnectionAgreementwithNGCP;OngoingconstructionofitsBalanceofSystems(BOS);Ongoingconstruction;

October2014

October2014(TargetTestingandCommissioning)

Committed PampangaSolarPowerProjectRaslagCorporation

Brgy.Suclaban,Mexico,Pampanga

10

FinancialArrangementSecured;AwardedwithSolarEnergyServiceContract(SESCNo.201401062)on05February2014;SecuredECCfromDENR,MunicipalandBarangayResolutionofSupport,DARConversionofLandUsefromAgriculturaltoIndustrial,ThirdPartyDistributionImpactStudy,andownershipofland;CompletedtheFullBlownFeasibilityStudy;EPCContractisundernegotiation;Ongoingconstructionasof30September2014(PreConstruction85%complete,Construction8%complete,Interconnection0%complete;FinancialClosingisundernegotiation;DeclarationofCommercialitysubmittedon28February2014;AcquiredDOECertificateofConfirmationofCommercialityunderFITSystemon13June2014;RequestforAmendmentofCoCoCfrom8MWto10MWon13August2014;OngoingacquisitionofrelevantpermitsunderPreConstructionStageasperWorkPlan;Filedarequestforendorsementtoavailthedutyfreeimportation;

December2014


WIND 317.40

CommittedPhase3:BanguiBayWindPowerProject

NorthWindPower

DevelopmentCorporation

Bangui,IlocosNorte 18.9

FinancialArrangementSecuredwithaBankdated15July2013;CoveredbyWESCNo.201307058dated26February2013;Conducteddetailedwindresourceassessment;Completeddetailedfeasibilitystudy;AcquiredvariousLGUpermitsandresolutionsofsupport,NCIPCertificateofNonOverlap,DENRAmendedEnvironmentalComplianceCertificateandCAAPHeightClearancepermit;SecuredClearancefromDOEfortheconductofGISon12February2013;AcquiredDOECertificateofConfirmationofCommercialityon03December2013;AmendedtheCoCoCinordertorefecttheimprovedcapacityfrom18Mwto18.9MWon10September2014);Ongoingconstructionasof30September2014(PreConstruction100%complete,Construction98%complete,Interconnection100%complete;OngoingcivilworksforaccessroadsandWTGFoundations;asof30Septmber2014Completed6outof6WTGFoundations;Ongoingcompletion/acceptanceofSCADAwithNGCP;Erected6WTG;OngoinginstallationofBalanceofPlantequipment;AcquiredDOECertificateofConfirmationofCommercialityon03December2013TotalprojectcostisUS$48.5Million.

September2014

September2014(TargetTestingandCommissioning)

CommittedPhase1:BurgosWindPowerProject

EDCBurgosWindPowerCorporation

NagsurotSaoit,Burgos,IlocosNorte

87

FinancialArrangementSecured:Issuedcertificationdated13March2013thatEDC,itsparentcompany,hasthecapacitytofinancetheproject;100%equityfinanced;:AwardedwithWindEnergyServiceContract(WESCNo.200909004)on14Sept2009;Conducteddetailedwindresourceassessment;AcquiredvariousLGUpermitsandresolutionsofsupport,DENREnvironmentalComplianceCertificate,NCIPCertificateofNonOverlap,LandLeaseAgreementwithprivatelandowners,ForestLanduseAgreementwithDENRforpublicland,DARlanduseconversionandexemptionfromCARPandCAAPHeightClearancepermit;FinalReportofSISandConnectionAgreementwithNGCPsecured;Supply,EPCandServiceEnergyBasedAvailabilityAgreementwiththeconsortiumofVestasandFirstBalfuorsecured;ConductedGroundbreakingCeremonyon17Apr2013;Ongoingconstruction;ConstructionStageasofasof30September2014(PreConstruction100%completed,Construction83%completed,Interconnection83%completed);OngoingacquisitionofTLROW;Completedthe29WTGfoundations;Erectedthe29WTG;OngoingconstructionofsubstationandTL;TotalprojectcostisUS$291Million;AcquiredDOECertificateofConfirmationofCommercialityon16May2013;

November2014

November2014(TargetTestingandCommissioning)




RatedCapacity(MW)



Committed CaparispisanWindEnergyProject

NorthernLuzonUPCAsia

Corporation

Brgy.Caparispisan,Pagudpud,IlocosNorte

81

FinancialArrangementSecured:SubmittedacertificationfromvariousBanksdated12July2011;AwardedwithWindEnergyServiceContract(WESCNo.200909005)on14Sept2009;Conducteddetailedwindresourceassessment;Conducteddetailedwindresourceassessment;Completeddetailedfeasibilityatudy;AcquiredvariousLGUpermitsandresolutionsofsupport,NCIPCertificateofNonOverlapon10Apr2007,ForestLanduseAgreementwithDENRon20May2009,DENREnvironmentalComplianceCertificateon23Jul2009,DPWHRoadRightofWayforT/Lconstruction,andCAAPHeightClearancepermit;FinalReportofSISandConnectionAgreementwithNGCPsecuredon4Jan2011;BOIRegisteredon23Jun2011;AcquiredDOECertificateofConfirmationofCommercialityon2July2013;ConstructionStageoverall80.9%asof30September2014(PreConstruction99%completed,Construction85%,Interconnection59%);OverallAccomplishments:72.92%completedasof31August2014;OngoingacquisitionofTLROW;Ongoingcivilworksforaccessroads;Completed16outof27WTGFoundations;AcquiredDOECertificateofConfirmationofCommercialityon2July2013;Erectedthe27WTG;OngoingconstructionofTLROWasperWorkPlan;TotalprojectcostisUS$255Million..

November2014

November2014(TargetTestingandCommissioning)

CommittedPhase2:BurgosWindPowerProject

EDCBurgosWindPowerCorporation

NagsurotSaoit,Burgos,IlocosNorte

63

'CoveredbyWESCNo.200909004;FinancingArrangements:100%equityfinancedsubjectavailableinstallationtarget;CoveredbyalllocalpermitsacquiredbythePhase1Project;OtherrelevantstudiesandpermitssuchasSystemImpactStudyandConnectionAgreementwithNGCPandEPCContractswerecoveredbytheApproved5YearWorkPlan;100%equityfinancedsubjecttoavailableinstallationtarget.;AcquiredDOECertificateofConfirmationofCommercialityon03December2013;Ongoingconstruction;ConstructionStageasof30September2014(PreConstruction100%completed,Construction80%completed,Interconnection100%completed);OngoingcivilworksforaccessroadsandWTGfoundations;TotalProjectCostisUS$167.58M;

December2014





RatedCapacity(MW)



CommittedPhase1:PilillaWindPowerProject

AlternergyWindOneCorporation

67.5

'FinancialArrangementSecuredAWOCtofinancetheimplementationoftheprojectwith100%equity;AwardedwithWindEnergyServiceContract(WESCNo.200909018)on23Oct2009;AcquiredvariousLGUpermitsandresolutionsofsupport,DENREnvironmentalComplianceCertificate,NCIPCertificateofNonOverlap,ContracttoBuywithprivatelandowners,andclearancesfromDAR,NIA,LRA,HLURB,andLagunaLakeDevelopmentAuthority;InterconnectionAgreementwithMERALCOsecuredon1Mar2012;Regulatoryrequirements,permits,GIS,etc.werecompleted;EPCandO&MContractwithconsortiumofNordexSEandMcConnellDonnellsecuredon11Jul2012;SecuredClearancefromDOEfortheconductofGISon21November2011;NGCPReviewofThirdPartySISsecuredon31Jul2012;AcquiredDOECertificateofConfirmationofCommercialityon16May2013;ConductedGroundbreakingCeremonyon18Jun2013;Ongoingconstructionasof30September2014(PreConstruction100%complete,Construction5%,Interconnection0%);Startedcivilworksonaccessroad;AmendedtheContractAreaandassignedfullytoAWOCWESCNo.200909018AF1on27February2014;TotalprojectcostisUS$177.9Million;

July2015

July2015(TargetTestingandCommissioning)




RatedCapacity(MW)



BIOMASS 59.73

Committed

24MWSJCiPowerRiceHuskFiredBiomasspowerPlantProject(Phase112MWPhase212MW)

SanJoseCityIPower

Corporation

Brgy.Tulat,SanJose,

NuevaEcija20.00

'FinanciallyClosed;BREOCNo.201101013;Preconstruction(100%completedasof31August2014);PhaseIEstimatedAccomplishmentofConstruction98%completedasof31August2014);Remainingmajorequipmentinprogressistheinstallationoftravellinggate;Ongoinginstallationsofthefeedwaterpipingsystem,chemicaldosingpipeline,threecontrolelementsoftheboilerandotherfieldinstruments;ExpectedarrivalofswitchyardisonMay2014;Interconnection(100%completedasof31August2014);Construction(Ongoingconstructionasof30September2014PreConstruction100%;Construction98%;Interconnection100%);PermitsobtainedECC,LGU,LandUsePermit)EPCw/EngconofSingapore;SecuredClearancefromDOEfortheconductofGISon21July2011;IssuedCertificateConfirmationofCommercialityon2Sept2013;Groundbreakingon12Oct2013;Proj.CostPhp1.234B

Phase1September2014

Phase2December2014(SubjecttoFIT)

Phase1October2014

Phase2December2014(SubjecttoFIT)

Committed12.5MWBataan2020RicehullfiredCogenPlant

Bataan2020Inc. Bataan 7.50

FinanciallyClosed;BREOCNo.201001008;IssuedCertificateConfirmationofCommercialityon27August2013;100%Constructed&Operational(OperatingforOwnUse);Interconnection80%completedasof30September2014;

October2014


Committed 20MWRuskFiredBiomassPowerPlant

IsabelaBiomassEnergy

CorporationAlicia,Isabela 18

FinanciallyClosed;BREOCNo.201303030;IssuedCertificateConfirmationofCommercialityon6January2014;Ongoingconstructionasof31August201449%completed;Preconstruction95%completed;Interconnection2%completed;SteamTurbineGenerator(STG)forconcreting;FuelStoragewithpartialroofing;AwaitingpermitfromDPWHfortheconstructionofdrainagesystem;Permitsobtained(ECC,LGUEndorsement,LandUsePermit,etc.);SecuredClearancefromDOEfortheconductofGISon22April2013;IssuedDeclarationofCommercialityon6January2014;HasEPC;ProjectStatusasof30September2014:Preconstruction:95%;Construction:49%;Interconnection2%;SubjecttoFIT;ProjectcostisPhp1.9B

March2015(SubjecttoFIT)

March2015(SubjecttoFIT)(TargetTestingandCommissioning)

Committed 12MWBiomassPowerPlantProject

GreenInnovationsforTomorrowCorporation

NuevaEcija 10.80

FinanciallyClosed;BREOCNo.201309037;ProjectStatusasof30September2014:PreConstruction:79%;Construction:18%;Interconnection:0%IssuedDeclarationofCommercialityon16June2014;Ongoingconstruction

December2015 Jnauary2016

Committed 3.5MWBicolBiomassEnergyCorporation

BicolBiomassEnergy

CorporationCamarinesSur 3.15 FinanciallyClosed;

Ongoingconstruction December2015


Committed0.4MWVMAgbayaniRiceMillRiceHuskFiredPowerPlant

V.M.AgbayaniRiceMill

OrientalMindoro 0.28

FinanciallyClosed;Ongoingconstruction;

TotalCommittedRatedCapacity 2,983.43

Documents

2014 Private Sector Initiated Power Projects Luzon Committed September 30[1]