PHINMA Energy’s CSR programs cited

June 2017

PHINMA Energy’s corporate social responsibility program received two Asia Responsible Entrepreneurship Awards (AREA) in a ceremony held in Bangkok, Thailand.

AREA recognizes and honors Asian businesses for championing sustainable and responsible entrepreneurship. Over 300 entries from 14 countries across Asia were screened over a three-month judging period.

PHINMA Energy’s livelihood program, Progressive Undertakings for Nation-Building and Life-Enhancing Advocacies or PUNLA, won in the Social Empowerment category. HELP Earth Environment, on the other hand, was recognized in the Green Leadership category.

“PUNLA is PHINMA Energy’s response to the needs of our partner communities for a more appropriate and sustainable development,” says Atty. Alan Ascalon, the company’s Vice-President for Legal and Corporate Affairs.

As of 2016, PHINMA Energy has organized 12 active livelihood groups supporting 117 households and implementing their own community-proposed livelihood. These initiatives are results of intensive community integration and mapping, and were started with the communities’ own strengths and skills.

HELP Earth, or Harnessing Energy Literacy for Planet Earth, started with initiatives geared towards energy literacy and environmental awareness among the youth and community. HELP Earth Environment complements the education program of PHINMA Energy.

The program provides a venue for like-minded groups and individuals to participate in the advocacies from the environment, as well as create a learning ground for students and future foresters.

“As of 2016, PHINMA Energy has recorded a survival rate of 85% in our 82-hectare adopted forests in three different sites in Bataan, Bulacan, and Guimaras,” says Jed Africa, the company’s CSR Senior Officer. “We also make sure that all seedlings planted are native and indigenous to our project sites to protect its biodiversity,” he adds.

The Asia Responsible Entrepreneurship Awards is an initiative of Enterprise Asia, a non-governmental organization in pursuit of entrepreneurship development across the region.


Read more at:


PHINMA mulling over off-grid solar projects

May 2018

Phinma Energy Corp., a unit of the Phinma Group, is exploring opportunities in off-grid solar applications as part of a diversification strategy. Phinma Energy said the company would engage in Read More


PHINMA Energy to withdraw lawsuit vs Psalm after Ippa deal terminated

January 2018

THE Power Sector Assets and Liabilities Management (PSALM) Corp. and PHINMA Energy Corp. have agreed to terminate the Independent Power Producer Administrators (Ippa) agreement for the 40-megawatt (MW) strip of energy Read More


PHINMA ends IPPA contract with PSALM

Listed firm PHINMA Energy Corporation has decided to “mutually terminate” its contract with state-run Power Sector Assets and Liabilities Management Corporation (PSALM) relating to its deal as Independent Power Producer Read More