Hedcor, a renewable energy subsidiary of Aboitiz Power Corporation (AboitizPower), continues to bolster the economic development of Davao del Sur by releasing over P16.8 million worth of community shares derived from the total attributable energy sales of its Sibulan A, Sibulan B, Tudaya 1, and Tudaya 2 hydropower plants in 2023.
“These funds will play a pivotal role in illuminating streets across various municipalities in the province. Solar lights will be installed, ensuring the safety of our people during the night. This aligns with the province’s commitment to adopting renewable energy, realized through collaboration with Hedcor,” said Davao del Sur Governor Yvonne R. Cagas.
“We prioritize relationships that empower communities and contribute to grassroots progress,” said Hedcor President and COO Rolando G. Pacquiao.
Broken down, over P6.2 million each was allocated to the Provincial Government of Davao del Sur and the Municipality of Santa Cruz, while the City Government of Digos received P256,000.
Host barangays in Santa Cruz also received their shares, consisting of P1.5 million for Barangay Darong, P2.3 million for Barangay Sibulan, and P291,000 for Barangay Astorga.
“We eagerly anticipate collaborating with Hedcor in implementing projects that will drive positive change in the community,” said Santa Cruz Mayor Jose Nelson “Tata” Sala.
Last year, the local government units utilized their community shares to enhance health services in their respective communities. This was accomplished through improvements at the provincial hospital and the acquisition of patient transport vehicles.
Hedcor has been generating renewable energy from run-of-river hydropower systems for over 45 years. In addition to its 22 hydropower plants located in Ilocos Sur, Mt. Province, Benguet, Davao, and Bukidnon, Hedcor recently incorporated solar power into its portfolio through the San Carlos Sun Power Inc. (SacaSun) facility in San Carlos, Negros Occidental.
