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October 13, 2015 10:27 PM ET

Electric Utilities

Company Overview of Toledo Power Co.

Company Overview

Toledo Power Co. operates coal and oil fueled power generating stations. It comprises of 93-megawatt coal and oil fueled Sangi generating station and 42-megawatt oil fueled Carmen generating station. Toledo Power is based in Cebu, Philippines. In April 2002, Mirant Corporation acquired CMS Energy Corporation's (NYSE: CMS) 47.5 percent equity ownership interest in Toledo Power Co.

P.O. Box 10

Sangi Toledo City

Cebu City,  6038


Founded in 1994

Key Executives for Toledo Power Co.

General Manager
Compensation as of Fiscal Year 2015.

Toledo Power Co. Key Developments

Cebu III Electric Cooperative Signs 25-Year Electric Power Purchase Agreement with Toledo Power

Cebu III Electric Cooperative Inc. (CEBECO III) has signed a 25-year electric power purchase agreement (EPPA) with Toledo Power Co. (TPC). The signing of the EPPA was intended to address the projected increase in power demand within CEBECO III's franchise area - which covers Toledo City and the municipalities of Asturias, Balamban, Pinamungajan and Aloguinsan. Under the deal, TPC will supply 17 megawatts (MW) of electricity to CEBECO starting Feb. 26, 2015. The supply will come from TPC's recently inaugurated 82-MW coal-fired power plant in the area. Some 55 MW of power from the same plant will be allotted to support the mining operations of Carmen Cooper Corp. starting Dec. 26, 2014.

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