Dedicated to fostering sustainable growth
and creating positive change in the communities where it operates, SN Aboitiz
Power-Benguet (SNAP-Benguet) was awarded as Benguet’s number one responsible
taxpayer in the province.
The
award was given during the Benguet Gong Awards in Business Achievement and
Yield (Benguet GABAY) 124th Foundation Anniversary celebration, ADIVAY, on
November 8, 2024 at Newtown Plaza Hotel, Baguio City.
The
award underscores SNAP's commitment to integrity, transparency, and
collaborative partnership," said SNAP-Benguet Assistant Vice President and
Plant Manager Hollis Fernandez during his acceptance speech.
The
Benguet Gong Awards recognize businesses or individuals from the province for
their contributions to the local or national economy through responsible tax
compliance in the province.
About SNAP Group:
SN Aboitiz Power (SNAP) is a joint venture
of Scatec and Aboitiz Power Corporation (AP).
Scatec is a leading renewable energy
solutions provider, accelerating access to reliable and affordable clean energy
in emerging markets. As a long-term player, they develop, build, own and
operate renewable energy plants, with 4.6 GW in operation and under
construction across four continents today. They are committed to growing their
renewable energy capacity, delivered by their 800 passionate employees and
partners who are driven by a common vision of ‘Improving our Future’. 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 112.5-MW Ambuklao and 140-MW Binga hydroelectric 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; the 8.5-MW Maris hydro; and the 24-MW Magat battery energy storage
facility in Isabela. The non-power components such as dams, reservoirs, and
spillways are owned, managed, and operated by the government.
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