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May 23, 2015 8:57 AM ET

Electric Utilities

Company Overview of Palm Concepcion Power Corporation

Company Overview

Palm Concepcion Power Corporation constructs and operates coal fired power plants. Palm Concepcion Power Corporation was formerly known as DMCI Concepcion Power Corporation and changed its name to Palm Concepcion Power Corporation in December 2010. The company was founded in 2010 and is based in the Philippines.



Founded in 2010

Key Executives for Palm Concepcion Power Corporation

Chief Executive Officer and President
Age: 46
Compensation as of Fiscal Year 2014.

Palm Concepcion Power Corporation Key Developments

Palm Concepcion Power Corporation Signs Term Loan Facility Agreement with Asia United Bank Corporation and China Banking Corporation

Palm Concepcion Power Corporation (PCPC), Palm Thermal Consolidated Holdings Corp., and Jin Navitas Resource Inc. to undertake the construction and operation of a 135MW Circulating Fluidized Bed (CFB) power plant project in Concepcion, Iloilo (Iloilo Power Project), has signed separate term loan facility agreements totaling PHP 6.0 Billion with Asia United Bank Corporation (AUB) and China Banking Corporation (China Bank). Proceeds of the term loan facilities will be used by PCPC to partially finance the engineering, procurement, construction and financing costs of the Iloilo Power Project under an engineering, procurement and construction contract. The Iloilo Power Project is expected to be operational by mid-2016.

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