STEAG State Power Inc (SPI) is an independent power producer operating the 210-megawatt coal-fired power plant located in Villanueva, Misamis Oriental within the PHIVIDEC Industrial Estate. The company is a joint venture involving Steag GmbH of Germany and local partners. Commissioned in 2006, the plant operates two 105-MW units and supplies reliable baseload power to the Mindanao grid under long-term supply contracts with electric cooperatives and distribution utilities. SPI's operations include coal handling, generation, environmental management, facility maintenance, and grid coordination. The company is known for implementing international standards in plant efficiency, emissions control, and environmental compliance, as well as community-development programs within its host province. Key assets include its high-efficiency coal plant, port facilities for fuel handling, trained operations workforce, and comprehensive environmental monitoring systems. Strategically, STEAG State Power Inc positions itself as a key contributor to Mindanao's energy security, emphasizing operational reliability, environmental compliance, and long-term stakeholder partnerships.
Legal Address
20th Floor Yuchengco Tower, RCBC Plaza, 6819 Ayala Avenue, Makati City
Makati; National Capital Region;
Postal Code: 1226
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