Therma South, Inc. (TSI) will be operating the 300-MW circulating fluidized-bed coal-fired plant in Davao and Davao del Sur that will generate much-needed cheap and reliable baseload power supply to the Mindanao grid throughout the day by 2015.
Name: Therma South, Inc.
Capacity: 130 MW
Location: Toril, Davao City and Sta. Cruz, Davao del Sur
Commisioning: September 2015
Description: Therma South, Inc. (TSI), a wholly-owned subsidiary of AboitizPower, is the project company of the 300-MW CFB coal-fired plant currently being constructed in Toril, Davao City and Sta. Cruz, Davao del Sur.

TSI's capital stock is held by TPI and AboitizPower at 94% and 6%, respectively, resulting in AboitizPower's 100% effective interest therein. TSI was incorporated on November 18, 2008.