SMC Global Power Holdings

SMC Global Power Holdings is now one of the largest power companies in the Philippines with a diversified portfolio utilizing a mix of coal, natural gas, and hydroelectric power plants. Its total capacity is 2,903 MW representing 22% of the Luzon grid and 17% of the National grid. These power assets are under Independent Power Producer Administrators (IPPAs) Agreements with PSALM, or are owned/ under joint-venture agreements and are classified as Independent Power Producers (IPPs). SMC Global Power is currently in the commissioning stages of its greenfield plants in Limay, Bataan and Malita, Davao del Sur. These are set to go on stream by 2016 adding an initial 450 MW to the grid. By 2017, an additional 300 MW will be added to the grid. The Company also has a greenfield project in Mariveles, Bataan set to partially go on stream by 2019.