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Lucena Wind

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Philippines

Lucena Wind

A Wind Energy Service contract for the project was awarded to the project company by the DOE in August 2021, which allows the company to explore, develop and utilize a specific area of 6,237 hectares in Lucena and Sariaya, province of Quezon, Philippines. The project currently has an operational met mast which was commissioned in March 2023.

A Grid Impact Assessment has been approved in May 2023. Facility study is being undertaken for submission to and approval by NGCP.

Concurrently, Technical Studies (E.G., Geotechnical) are being undertaken at the site along with the Commencement of Environmental Studies in connection with relevant permits as well as various land acquisition works.

Key Updates

  • Permitting: Service contracts are obtained, work is ongoing in relation to environmental and other approvals for the project.
  • Substation Land: Works is advanced in relation to securing land acquisition required for the project substation.
  • Transmission Line (TL) Corridor: The substation is proposed to be connected to the NGCP 230 kV Tayabas substation located about 25 km away. The route options of the transmission line based on the proposed substation locations have been¬†identified.

Targets & Milestones to Commencement of Construction

Below are key targets and milestones to FC, as follows:

Secure Substation Land 2023
Secure Transmission Line Corridor 2024
Secure Possessory Rights for Offshore Land 2024
Final Wind Resource Assessment & Plant Configuration 2024
Secure ECC and Other Permits 2024
Execution of Offtake Agreement(s) Q1 2025
Execution of EPC Contract Q1 2025
Achieve Financial Closing & Commence Construction Q3 2025

OUR BUSINESS

WE CREATE, INVEST-IN AND MANAGE ENERGY TRANSITION POWER GENERATION BUSINESS

Business Strategy

Utilising our deep understand of power markets to formulate differentiated strategies to structure, develop and invest in energy transition projects to earn superior returns in high growth markets.

Value Addition

Demonstrated global capability in implementing value accretive power generation projects across the entire project cycle in competitive and regulated power markets, such capabilities include identifying, structuring, developing, acquiring, constructing, and managing power generation businesses.

Target Market

We create, invest in, and manage renewable energy transition businesses across South-East Asia and Australia.

Technology

Using established technologies, we optimise solutions to meet market needs in the energy transition including technologies such as hydro power, wind turbines, PV solar, battery energy storage systems and transitional gas fired generation.

ESG

We participate in power generation businesses where we can promote responsible environmental stewardship and socially responsible development; including where we can exercise our social responsibility to respect human rights.

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