APRI, PSALM Conduct IEC Campaign on Tiwi Geothermal Facility Land Lease Agreement

Tiwi, Albay – AP Renewables Inc. (APRI) and the Power Sector Assets and Liabilities Management Corporation (PSALM) held an Information, Education, and Communication (IEC) campaign on December 2, 2024, to discuss the Land Lease Agreement (LLA) covering the Tiwi Geothermal Facility.

The event, attended by barangay officials from APRI’s 16 host communities, was organized in collaboration with APRI’s Compliance Department, Reputation Management Team (RMT), and Security Team.

Leonardo Robel, APRI Vice President for Corporate Services, highlighted that the campaign served as a platform for barangay officials to directly engage with PSALM, the landowner of the Tiwi power plants, which APRI has been operating since 2009. This interaction allowed officials to gain a deeper understanding of the LLA’s key provisions, empowering them to ensure compliance and address community concerns effectively.

The campaign included informative discussions and open forums, where officials raised questions about the agreement’s implications, particularly on sustainable energy production, job creation, and socio-economic development.

This initiative reflects APRI’s ongoing commitment to fostering transparency and strengthening its partnership with local communities through meaningful engagements.

About AP Renewables Inc.

APRI, a wholly-owned subsidiary of AboitizPower, is one of the leading geothermal energy producers in the country. It delivers clean and renewable baseload power with two facilities that it operates in Tiwi, Albay; Bay and Calauan, Laguna; and Sto. Tomas, Batangas.

About AboitizPower

AboitizPower is the holding company for the Aboitiz Group’s investments in power generation, distribution, and retail electricity services. It advances businesses and communities by providing reliable and ample power supply at a reasonable and competitive price, and with the least adverse effects on the environment and host communities.

The company is one of the largest power producers in the Philippines with a balanced portfolio of assets located across the country. It is a major producer of Cleanergy, the company’s brand for clean and renewable energy with several hydroelectric, geothermal, and solar power generation facilities. It also has thermal power plants in its generation portfolio to support the country’s baseload and peak energy demands.

The company also owns distribution utilities that operate in high-growth areas in Luzon, Visayas, and Mindanao, including the country’s second and third-largest private utilities.

AboitizPower, together with its partners, is the Philippines’ largest owner and operator of renewable energy based on installed capacity. In the next 10 years, the company will significantly expand its Cleanergy portfolio, in support of the government’s efforts to promote renewable energy in the country. AboitizPower will build an additional 3,700 MW of renewable energy, growing its existing Cleanergy capacity threefold by 2030.