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Possible power glut won't slow Alsons expansion in Mindanao
February 24, 2016
Mindanao, the nation’s second-biggest island and home to a quarter of the Philippines’ 108 million people, will have at least 1,860 megawatts of new capacity from 2016 through 2019 as Alsons and other companies including Aboitiz Power Corp.
, San Miguel Corp.
, Filinvest Development Corp. and Ayala Corp. complete their plans. Mindanao had 2,211 megawatts of installed capacity at end-2014, half of which are hydropower plants, according to government data.