Delgado Group To Be Part of US $1B Wind Project

Energy Logics Philippines Inc., part of the Delgado Group is committing three-phased investments totaling US $1 billion for wind projects in Ilocos Norte and Subic, Zambales.

Energy Logics corporate secretary Red Peneyra said the first phase of the company’s projects would be the 120-megawatt Pasuquin facility which is targeted to be brought online in two years time.

“We actually have four sites, the first one is in Pasuquin, Ilocos Norte and this is the one we’re converting today,” he said.

The conversion is from pre-commercial contract (PCC) to pre-development service contract (PDSC) so the project developers would be able to avail of incentives under the Renewable Energy Act.

Peneyra said after the 120-MW facility, the next phase will entail additional capacity of 80-MW and the two project sites in Subic are targeted to contribute an aggregate 200 MW in their portfolio.

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