LNG PH Complex (Batangas City)

 power plant, LNG regasification terminal

 Upload a photo

MGen is the power-generation arm of Meralco, while TNGP is a wholly owned subsidiary of AboitizPower through Therma Power, Inc. SMGP is the power arm of conglomerate SMC.

Under the deal, MGen and TNGP, through their 60:40 joint venture Chromite Gas Holdings, Inc. (CGHI), will invest in South Premiere Power Corp. (SPPC), Excellent Energy Resources, Inc. (EERI), and Ilijan Primeline Industrial Estate Corp. (IPIEC).

SPPC is the owner-operator of the 1,278-megawatt (MW) Ilijan Combined Cycle Gas Power Plant, while EERI is the owner-operator of the 1,320-MW combined cycle gas power plant under construction. IPIEC is the owner of the plant sites of SPPC and EERI.

MGen and TNGP, along with SMGP, will acquire the Batangas-based LNG import and regasification terminal owned by Linseed Field Corp. (LFC), which will “process, handle, and deliver the LNG requirements of the power plants of SPPC and EERI.”

www.bworldonline.com/corporate/2025/01/29/649634/energy...