TeaM Energy's Sual Plant named IPP of the Year at Asian Power Awards
12 November 2010


TeaM Energy’s 1,218 megawatt (MW) power facility in Sual, Pangasinan has been named Independent Power Producer (IPP) of the year (Gold Award) at the 2010 Asian Power Awards given out by the prestigious Singapore-based Asian Power Magazine, besting several other IPPs in the region.

“This is a testament not only to the world-class workforce we have at the Sual power station, but also to what Filipinos can achieve at the global level,” said Federico E. Puno, President/CEO TeaM Energy. “We are truly humbled as we share this award with all Filipinos,” he added.
Asian Power Magazine gives out the award to IPPs with the best practices in Asia’s power industry. Taken into consideration were a variety of factors including reliability, efficiency, occupational health and safety, environmental performance and corporate social responsibility, among others.
Puno stressed that the new accolade will further inspire the company to run its power plants with the “most stringent of global standards” and deliver on its commitment to provide reliable and cost effective energy to help address the country’s development needs.

“The men and women of the Sual Power Station best represent what Filipinos have to offer in terms of a highly-skilled and technical work-force. We at TeaM Energy are very proud of this,” he points out.

TeaM Energy is a partnership between noted Japanese firms Tokyo Electric Power Company and Marubeni Corporation. It is one of the largest IPPs in the country with over 2,000 MW of generating capacity. It also operates the 735 MW clean-coal facility in Pagbilao, Quezon and has a 20% stake in the 1,200 MW natural gas-fired plant in Ilijan, Batangas.