PetroEnergy Resources Corp. said its subsidiary PetroWind Energy Inc. (PWEI) signed a supply, operations and maintenance contract deal with Vestas for the 13.2 megawatts (MW) Nabas-2 wind power project in Aklan.
Under the deal, Vestas will supply six units of 2.2 MW wind turbine generators and will handle the operations and maintenance of the wind farm through a 10-year operations and maintenance (O&M) agreement.
The parties did not disclose the cost of the deal.
The Nabas-2 project is located in the same service contract block as PWEI’s existing 36 MW Nabas-1 project.
PWEI won the contract to supply clean and renewable power from Nabas-2 to the Visayas grid under the Department of Energy’s (DOE) Green Energy Auction Program.
PWEI is a joint venture of PetroGreen Energy Corp. (PGEC), EEI Power Corp. and BCPG Public Company Ltd. of Thailand. PGEC is the renewable energy arm of Yuchengco-led PERC.
Other PERC’s operating assets include the 32 megawatts MW Maibarara geothermal project and the 70 MW Tarlac solar project.
PERC also has a minority stake in the Etame oil concession in offshore Gabon, West Africa.
PERC through its subsidiary, PetroGreen Energy Corp., also recently acquired three new offshore wind blocks from the DOE covering offshore northern Luzon, northern Mindoro and eastern Panay. -Jed Macapagal
