Basic Energy to choose strategic partner for Mabini wind power project

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Basic Energy to choose strategic partner for Mabini wind power project
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Listed firm Basic Energy Corporation (BEC), via its subsidiary Mabini Energy Corporation (MEC), is eyeing to finalize a deal with chosen strategic partner for the targeted commercial development of its 50-megawatt Mabini wind farm project in Batangas.

Listed firm Basic Energy Corporation , via its subsidiary Mabini Energy Corporation , is eyeing to finalize a deal with chosen strategic partner for the targeted commercial development of its 50-megawatt Mabini wind farm project in Batangas.

It stated that once it decides on a strategic partner, “further details will be provided” and the next steps will be cementing definitive agreements with the chosen party. As cast on blueprint, the planned Mabini wind farm facility straddles approximately 4,860 hectares of land stretching within Mabini Peninsula; and once developed, that will add up to supply in the Luzon grid.

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