Renewable energy solutions provider SN Aboitiz Power (SNAP) Group supported 123,000 households from host and extended communities through COVID-response and relief operations last year.
A total of PhP28.8 million worth of COVID-response care packages have been extended to host communities in the provinces of Benguet, Ifugao, Isabela, and Nueva Vizcaya through SNAP’s CSR funds. In addition, PhP5.5 million worth of food, medicine, and other supplies have been provided by SNAP, in partnership with Aboitiz Foundation, Inc. and Pilmico, for the local governments of Isabela, Nueva Vizcaya, Ifugao, and Cagayan in relief operations following Typhoon Ulysses.
SNAP also launched its fundraiser “Project REbuild” in December 2020 to help families in priority areas in Cagayan and Isabela whose homes were damaged by Typhoon Ulysses. The project aims to fund shelter repair kits that will help hard-hit areas rebuild their homes. The project successfully raised PhP807,000. The distribution of repair kits is targeted in March to benefit affected communities in the municipalities of Amulung and Enrile in Cagayan; and Cabagan, Cauayan, and Sto. Tomas in Isabela.
SNAP-Magat owns and operates the Magat hydroelectric power plant on the border of Isabela and Ifugao and the Maris hydroelectric power plant in Isabela. The ownership, management, and operations of all non-power components such as dams, reservoirs, and spillways remain with the government.
SN Aboitiz Power (SNAP) is a joint venture of Scatec and Aboitiz Power Corporation (AP).
Scatec is a leading renewable power producer, delivering affordable and clean energy worldwide. As a long-term player, Scatec develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions. Scatec has more than 3.5 GW in operation and under construction on four continents and more than 500 employees. The company is targeting 15 GW capacity in operation or under construction by the end of 2025. Scatec is headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the ticker symbol ‘SCATC’.
AP is the holding company of the Philippines-based Aboitiz Group’s investments in power generation, distribution, and retail electricity services. It advances business and communities by providing reliable and ample power supply at a reasonable and competitive price, and with the least adverse effects on the environment and host communities.
SNAP owns and operates the 105-MW Ambuklao and 140-MW Binga hydroelectic power plants in Benguet; the Magat hydroelectric power plant which has a nameplate capacity of 360 MW and maximum capacity of 388 MW on the border of Isabela and Ifugao; and the 8.5-MW Maris hydro in Isabela. The non-power components such as dams, reservoirs, and spillways are owned, managed, and operated by the government.