PHINMA Energy to develop 45-MW solar plant

July 2017

PHINMA Energy Corp. said Tuesday it plans to develop a 45-megawatt solar power plant in Bugallon, Pangasinan that will further diversify the company’s portfolio.

Phinma Energy said in a disclosure to the stock exchange it received a service contract from the Energy Department granting it exclusive right to explore, develop and utilize the solar energy resource in a 648-hectare area in Bugallon town, Pangasinan.

“Bugallon is our first venture into solar energy, and this service contract is in time for the opportunities created by the Renewable Portfolio Standards,” said Phinma Energy president and chief executive Francisco Viray.

Pre-development activities such as yield assessment, environmental impact study and system impact study are underway and are expected to be completed within the year, the company said.

Phinma Energy hopes to construct a 45-MW solar plant in the service contract area which carries a 25-year term, extendable for another 25 years.

Read more at:


Ayala to Invest In PHINMA Energy

January 2019

[January 9, 2019 ] ——  AC Energy, Ayala’s energy platform, and PHINMA yesterday inked a mutually strategic agreement  in relation to AC Energy’s investment in PHINMA Energy Corporation (“PHEN”). AC Energy Read More


PHINMA Energy plants 4,000 seedlings in Ipo watershed

August 2018

Employees from PHINMA Energy, PHINMA Power Generation Corporation, DENR, and the local government of Norzagaray, Bulacan, planted 4,000 indigenous seedlings in Sitio Bininit, Ipo Watershed in Bulacan as part of Read More


PHINMA Energy subsidiary adopts 50 hectare reforestation site in Olongapo

August 2018

In support of DENR’s National Greening Program, PHINMA Energy, through its subsidiary One Subic Power Generation Corporation, signed a Memorandum of Agreement with partners DENR-Community Environment and Natural Resources Office Read More