Shell and Alternergy Partner to Develop Offshore Wind in the Philippines
Nov 22, 2022
Shell Overseas Investment B.V. (“Shell”) and Alternergy Holdings Corporation, through its wholly-owned subsidiary Pililla AVPC Corporation, ("PACO is hereafter referred to as Alternergy”) today formally announced the agreements that both parties have recently entered into a partnership to jointly explore the vast offshore wind potential in the Philippines.
Shell Overseas Investment B.V. and Alternergy Holdings Corporation, through its subsidiary Pililla AVPC Corporation (PACO), have formally sealed a joint venture for developing an offshore wind farm at the Calavite Passage in Mindoro on November 21, 2022.
(Back Left-Right) Neil Richard P. Tanguilig, Energy Resource Manager, Alternergy; Atty. Janina A. Bonoan, VP & General Counsel, Alternergy; Knud Hedeager, Technical Director, DOE; Mylene C. Capongcol, OIC-Assistant Secretary, DOE; USec. Alessandro. Sales, DOE; Sec. Raphael Perpetuo Lotilla, DOE, SciP Country Chair Lorelie Quiambao Osial, Pilipinas Shell Petroleum Corporation; USec. Felix William B. Fuentebella, DOE; and Serge Bernal, Vice President for Corporate Relations, Pilipinas Shell Petroleum Corporation
(Front Left-Right) Gerry P. Magbanua, President, Alternergy; Chairman Vicente S. Perez Jr., Alternergy; Joe Nai, Asia-Pacific General Manager, Shell Offshore Power; and Sarah Rose Lim, Head, Pilipinas Shell Offshore Wind
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