Juxtapose Ergo Consultus Inc. (JECI), the management company of Palm Concepcion Power Corp. (PCPC), and Peakpower Energy Inc. (PEI), is targeting 800 megawatts in capacity by 2030.
PCPC is the project proponent of the existing 135 MW coal-fired power plant project in Concepcion, Iloilo, which was developed due to the foreseen power capacity requirements in the Visayas region.
It is a joint venture between Palm Thermal Consolidated Holdings Corp. (PTCHC), a subsidiary of bilyonaryo Walter Brown’s A Brown Co. Inc. (ABCI), and Jin Navitas Resource Inc. (JNRI).
PEI, which is 20 percent owned by ABCI, was set up in 2013 to implement projects designed to generate peaking power in Mindanao. It operates three diesel-fired power plants in Mindanao with a combined capacity of 55 MW.
Meanwhile, JECI’s power plants totaling 190MW capacity continually provide competitive and reliable power to the areas they serve.
“We seek to provide more sustainable solutions by setting the future direction of the company with focus areas on renewable energy technologies, off-grid, and Small Power Utilities Group power supplies,” said Nicandro Fucoy, president of PCPC and PEI.
JECI is considering expanding to niche markets, such as off-grid and embedded generation.
It will use its “experience in developing and operating power facilities” to achieve this 2030 target of 800MW.