Cebu Energy power station

From Global Energy Monitor

The Cebu Energy power station is a 246-megawatt (MW) coal-fired power station in Cebu, the Philippines. [1] The power station is adjacent to the Toledo City power station; both plants are operated by subsidiaries of Global Business Power Corporation.

Location

The aerial photo below shows the Cebu Energy power station in Barangay Sangi, Toledo City. The Toledo City power station can be seen directly to the east.

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Background

The Cebu Energy power station consists of 3 x 82MW coal-fired generators. Units 1 & 2 began operating in 2010, and Unit 3 began operating in 2011. The station is operated by Cebu Energy Development Corporation.[2] The project was estimated to cost P23 billion (approximately 500 million USD).[3]

Plant ownership

Cebu Energy Development Corporation is a subsidiary of Global Business Power Corp. Initially, Global Business Power Corp. was jointly owned by Beacon PowerGen Holdings (56%), JG Summit Holdings (30%), and Meralco PowerGen Corp. (14%). In December of 2020, Meralco announced that it had acquired full ownership of Global Business Power Corp. by purchasing the 86% stake held by Beacon and JG Summit for P34.466 billion (approx. 720 million USD).[4]

Project Details

  • Sponsor: Cebu Energy Development Corporation
  • Parent: MERALCO
  • Location: Toledo City, Cebu, Central Visayas, Philippines
  • Coordinates: 10.387157521600109, 123.64102289103212 (exact)
  • Status: Operating
  • Gross Capacity: 246 MW (Units 1-3: 82 MW)
  • Type:
  • In service: Units 1-2: 2010; Unit 3: 2011
  • Coal Type:
  • Coal Source:
  • Source of financing:

Articles and resources

References

  1. Cebu Energy Development Corporation, Global Business Power Corporation, Accessed June 2, 2021
  2. LIST OF EXISTING POWER PLANTS (GRID-CONNECTED) AS OF DECEMBER 2020, Philippines Department of Energy, Dec. 31, 2020
  3. AJ de la Torre, CEDC fires up first boiler, PhilStar Global, Jan. 19, 2010
  4. Alena Mae S. Flores, Meralco says sale price of GBPC is fair, reasonable, Manila Standard, Dec. 28, 2020

Related GEM.wiki articles

External resources

External articles