Use of Proceeds

As of December 31, 2023

Environmental Impact

3.6 MW

INSTALLED RENEWABLE ENERGY CAPACITY

5,769.8 MT CO2e

ATTRIBUTABLE GHG EMISSIONS AVOIDED

₱1,488M

3.6 MW Mindanao 3 Binary Project

Operating as of March 25, 2022

₱967M

28.9 MW Palayan Bayan Binary Project (Steamfield)

The mechanical completion has been achieved on November 2023, and the test and commissioning works is in the final stage.

 

₱765M

Equity infusion into Bac-Man Geothermal Inc. (BGI) for Palayan Bayan Binary Project (Powerplant)

₱1,158M

Other EDC geothermal capex (critical spare parts, NatCat resiliency)

₱554M

Advances to Green Core Geothermal Inc. (GCGI) for various geothermal capex (critical spare parts, NatCat resiliency)

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