Deal #10590

Land area

Size in operation (production)

[2014, current] 70 ha

Comment on land area

The 54-megawatt San Lorenzo Wind Farm is the first of its kind in the Visayas region, stretching up to 14 kilometers, which makes it one of the largest wind farms in Southeast Asia. No document shares the size of the wind farm, however the approximate size would be around 70ha

Intention of investment

[2014, current] Wind farm, Tourism

Comment on intention of investment

In addition to serving as a renewable energy source, the farm has also become a popular tourist attraction in the province

Carbon offset project

Yes

Comment on carbon offset project

registered in the CDM via the UNF-CCC

Nature of the deal

Concession

Negotiation status

[2011] Intended (Expression of interest)
[2013] Concluded (Contract signed)
[2019-06-30, current] Concluded (Change of ownership)

Comment on negotiation status

(2011) A project brief shows the plant in San Lorenzo, Guimaras, will have a capacity of 54 megawatts, almost double that of the country’s lone commercial wind farm in Bangui, Ilocos Norte, at 30 MW. (2013) THE Department of Energy (DOE) has recently approved the declaration of commerciality applied by Trans-Asia Oil and Energy Development Corp. (2019) AC Energy Inc., the energy platform of Ayala Corp., has completed the acquisition of Phinma Energy Corp. from the Del Rosario family for P6.3 billion.

Implementation status

[2013] Startup phase (no production)
[2014, current] In operation (production)

Comment on implementation status

Commissioning date of the project was not shown but the year was 2014 and the construction was done in 2013

Contract farming

No