Global Business Power Corporation
Global Business Power Corporation (GBP) is a holding company that has become a leading independent power producer in the Visayas region and Mindoro island through its subsidiaries with a combined gross maximum capacity of 854 MW.
GBP owns 11 power generation facilities. The largest clean coal-fired power plants located in Iloilo City are operated by Panay Energy Development Corporation (PEDC), with a total capacity of 314 MW. PEDC operates the 164 MW clean coal-fired power plant to serve the energy requirement of Panay and the rest of the Visayas region. To support the growing needs of the region, PEDC expanded its operations by undertaking a 150 MW project, which commenced commercial operations on January 26, 2017.
The second largest power generation facility is the 246 MW clean coal-fired power plant in Toledo City, Cebu, which is operated by Cebu Energy Development Corporation (CEDC). This facility is the first commercial clean coal power plant in the Philippines.
Both the PEDC and CEDC plants utilize circulating fluidized bed boiler technology that produces very low levels of sulfur dioxide and nitrogen oxide and captures most solid emissions. GBP’s other power generation facilities consist of a 60 MW coal facility, an 82 MW coal facility, and a 40 MW fuel oil facility operated by Toledo Power Co. (TPC); a 72 MW fuel oil facility, a 20 MW fuel oil facility, a 7.5 MW fuel oil facility, a five MW fuel oil facility operated by Panay Power Corporation (PPC); and a 7.5 MW fuel oil facility operated by GBH Power Resources Inc. (GPRI).
Today, GBP’s main new development project is a 670 MW coal fired plant in La Union, Pangasinan (with 600MW EPPA signed with Meralco).
JG Summit currently holds a 30% stake in GBP.
Visit www.gbpc.com.ph for more information.
Global Business Power Corporation is located at Global Business Power Corporation 22/F Floor, GT Tower International 1277 Ayala Avenue corner H.V. Dela Costa Street, Makati City. You may reach them at (632) 464-1600.