Philippines North Luzon Mini Hydro Power

Providing a crucial new source of electricity generation while bolstering grid capacity

Context

In spite of the Philippines growing at an impressive rate, the rural and remote areas are being left behind. Generation capacity in the Philippines, and especially in North Luzon is weak. Power cuts are a common problem that impact businesses, schools, homes and healthcare centres. The Philippine Department of Energy estimates the country’s hydropower resource potential could reach 13,000MW, but the challenge lies in tapping into this.

The Project

This portfolio of six mini hydro schemes in North Luzon will add an aggregate capacity of approximately 35MW to the regional grid. It will provide a crucial new source of electricity generation while bolstering grid capacity there. By improving power supply, the project will stimulate local economic growth, help uplift the communities where these plants are located and support sustainable development. Livelihood enhancement, environmental education and community health programs will accompany the project development process. Furthermore, it will also demonstrate a sustainable pathway towards developing and financing similar infrastructure projects in the country’s rural areas with private sector participation.

Project Overview
Company
Alternergy Mini Hydro Corporation
Country
Philippines
Region
North Luzon
Sector
Power (Hydro)
Size
~35MW
Status
Under Active Development
Timeline
  • Project approved in 2016
  • Financial Close expected in early 2020 for the first project / early2019
Total Project Cost
~$130M
Funding Committed
$2M as a Co-Developer
IAI Investment
N/A
Other Shareholder(s)
Alternergy Hydro Partners Corporation
Suppliers
  • Local firm providing services as Owner’s engineer
  • Australian firm providing Geotechnical
  • Scandinavian firm providing technical consulting services
Development Impact
  • ~ 236,416 people with improved access to power
  • 50 long term jobs
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