Quezon Power Plant (Mauban)

Philippines / Southern Tagalog / Cagsiay / Mauban
 power station, coal-fired

The Quezon Power Limited Company (QPL) facility is the first build-own-operate power project in the Philippines, and the first one in the country to be financed without government or sovereign guarantees. Quezon Power occupies 87 hectares in the municipality of Mauban, Quezon Province with a 31-kilometer transmission line that links into the national transmission network. It supports the national energy planning efforts by diversifying the country's fuel mix for electricity generation, expanding electric services to developing areas, and stabilizing the electricity distribution system in eastern Luzon.

Quezon Power, a partnership consisting of InterGen, Ogden Energy Group, Global Power Investments, and PMR Limited, was financed with approximately $809 million in debt and equity including political risk guarantees of $405 million from the U.S. Export-Import bank. In June of 1997, the project issued $215 million of S.E.C. registered bonds.
Nearby cities:
Coordinates:   14°13'40"N   121°45'16"E

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