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Gov’t paid P1.28B for geothermal plant

Geothermal plant in Iceland
GEOTHERMAL ENERGY
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Gov’t paid P1.28B for geothermal plant
BacMan Geothermal, Inc., a wholly owned subsidiary of geothermal leader Energy Development Corp., paid the government P1.28 billion on Friday for the 150-megawatt Bacon-Manito geothermal power plant in Bicol.
Read more on Philippine Daily Inquirer

BacMan geothermal plant functional by 2012, says new owner
Lopez-owned Bacman Geothermal Inc. has completed the payment for the geothermal facilities it bought from the government.
Read more on GMA News