Alcantara family energy businesses

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This article is part of the CoalSwarm coverage of the The Philippines and coal
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Alcantara family energy businesses include a number of entities involved in owning, operating, and developing coal and power projects in Mindanao, the Philippines. Tomas Alcantara. is the chairman of the following companies:[1]

Other Alcantara-affiliated entities include:

In 2013, Tomas Alcantara and family ranked #46 in the Forbes "Philippines 50 Richest" list. Forbes wrote:[2]

"Tomas Alcantara gets his wealth from an 80% stake in listed power, mining firm Alsons Consolidated Resources which is investing over $1 billion over next five years to build new power plants in electricity-starved Mindanao province. Also expanding mining and power operations in Indonesia where it runs a joint venture with the trading arm of Toyota. He recently teamed up with Jaime Zobel De Ayala's (No.6) property unit Ayala Land to develop a residential and retail complex in Davao."

Coal plants

Diesel plants

Alsons Consolidated Resources, through Mapalad Power Corporation, owns and operates the 98-MW Iligan diesel plant in Lanao del Norte. The company also operates a 100-MW diesel power plant in Zamboanga City through Western Mindanao Power Corp. and a 55-MW diesel plant in Sarangani through Southern Philippines Power Corp.[3]

Articles and resources

References

  1. SEC Form 17-C for Alsons Consolidated Resources, Inc., Securities and Exchange Commission, March 5, 2014
  2. "Tomas Alcantara," Forbes, accessed March 2014
  3. "SRPI to spend $292-M for power plant in Zambo," Zamboanga Times, 1 October 2013

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