TMI

Therma Marine, Inc. (TMI) operates two power barges in Maco, Compostella Valley and Nasipit, Agusan del Norte that give Mindanao an additional boost of power supply whenever needed.
Name: Mobile 1
Capacity: 100 MW
Location: Maco, Compostela Valley
Commisioning: July 20, 1994
Description: The Mobile 1 plant is a barge-mounted floating power plant located in Maco, Compostela Valley. Manufactured and released in 1994, the 100-MW diesel-fired facility is equipped with two operational 50-MW diesel engines.

The plant currently has 96 MW of net sellable capacity and is operated by Therma Marine, Inc. (TMI).

TMI, as a wholly-owned Subsidiary of TPI, is effectively 100% owned by AboitizPower. TMI assumed ownership of Mobile 1 and Mobile 2 from PSALM on February 6, 2010 and March 1, 2010, respectively, after the successful conclusion of the US$30 mn negotiated bid for the barges on July 31, 2009.
Name: Mobile 2
Capacity: 100 MW
Location: Nasipit, Agusan del Norte
Commisioning: February 26, 1994
Description: The Mobile 2 plant is a barge-mounted floating power plant located in Nasipit, Agusan del Norte. Manufactured and released in 1994, the 100-MW diesel-fired facility is equipped with two operational 50-MW diesel engines.

The plant currently has 96 MW of net sellable capacity and is operated by Therma Marine, Inc. (TMI).

TMI, as a wholly-owned Subsidiary of TPI, is effectively 100% owned by AboitizPower. TMI assumed ownership of Mobile 1 and Mobile 2 from PSALM on February 6, 2010 and March 1, 2010, respectively, after the successful conclusion of the US$30 mn negotiated bid for the barges on July 31, 2009.