Deal #10312

Philippines
Created at
2024-05-08
Last update
2025-01-27

Land area

Intended size
2 025 ha
Size under contract (leased or purchased area)
  • [2009-09-14, current] 686 ha
Size in operation (production)
  • [2014-11, current] 686 ha
Comment on land area
The area consisting of 2,025 hectares lies within the jurisdiction of the Municipality of Nabas and Municipality of Malay in the Province of Aklan

Intention of investment

Intention of investment
  • [2009-09-14, current] Wind farm (686 ha)
  • [2024-03-08, current] Tourism
Comment on intention of investment
49.2 MW Wind Farm; in 2024, it was opened as an ecotourism center with a viewing deck and center

Carbon offset project

Carbon offset project
No

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [2009-09-14, current] Concluded (Contract signed)
Comment on negotiation status
Awarded with Wind Energy Service Contract (WESC No. 2009-09-002) on 14 Sept 2009

Implementation status

Implementation status
  • [2014-03-31] Startup phase (no production)
  • [2015-06] In operation (production)
  • [2023-11-21] Startup phase (no production)
  • [2024-04-04, current] In operation (production)
Comment on implementation status
Phase 1 was commissioned in June 2015, with construction begining in March 2014 Phase 2 construction was reported starting in 2023, and was commissioned in April 2024. However, construction stop for 3 turbines of Phase 2 due to compliance issues.

Contract farming

Contract farming
No