Pagbilao Gas-Fired Power Plant
Sector: Natural Gas • Location: Philippines
Source: World Bank Group
The PHP17.65bn (US$380m) project entails the development of the 650MW combined cycle gas-fired power plant in Pagbilao, Quezon Province, the Philippines. Construction started in 2014 and operations are expected to start in 2016.
Borrower is Energy World Power Operations Philippines. Sponsor is Energy World Corp. Legal advisers to consortium are Hogan Lovells and Sycip. Legal advisers to lender
- Status
- Prospective
- Sector
- Natural Gas, Power Generation (CCGT), Government, Commercial
- Location
- Philippines
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The PHP17.65bn (US$380m) project entails the development of the 650MW combined cycle gas-fired power plant in Pagbilao, Quezon Province, the Philippines. Construction started in 2014 and operations are expected to start in 2016. Borrower is Energy World Power Operations Philippines. Sponsor is Energy World Corp. Legal advisers to consortium are Hogan Lovells and Sycip. Legal advisers to lender are Abuda Asis & Associates and Marsden Law. Financing comprises a PHP6.75bn 5-year term loan and a PHP10.9bn equity. MLAs are Development Bank of Philippines, Land Bank of the Philippines and Asia United Bank. Financial close occurred on 18 September 2015. |
Original sector | Energy |
Budget |
Location
Country | Philippines |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Natural Gas, Power Generation (CCGT), Government, Commercial |
Article published date | 2024-09-19 |
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