Harnessing energy. Revolutionizing our world.
FDC Utilities, Inc. (FDCUI), a subsidiary of the Filinvest Development Corporation, is committed to continuing the Gotianun tradition of making a difference in the lives of Filipinos. As one of the Philippines’ leading conglomerates, with significant investments and experience in real estate, banking and sugar, the Filinvest Group attempts to diversify its businesses and further its reach through FDCUI to make an impact on a very critical sector: infrastructure and utilities.
FDCUI is the Filinvest Group’s re-entry into the power market. The Filinvest Group has accumulated experience in the power industry since 1995 through the ownership of East Asia Power Corporation and, eventually, the Cebu Private Power Corporation in 1998 until 2000. Backed by this experience along with a strong management team with a proven track record, FDCUI is headed by its President, Jesus N. Alcordo.
FDCUI aims to bring electricity and water to potential growth circles in the Philippines. It aims to spur or further enhance development in communities all over the country while enhancing synergy among the subsidiaries of the Filinvest Group.
The company aims to put up a total of 1,650 megawatts (MW) of power in the next five years across the Philippines. FDCUI is presently prioritizing a 300MW power plant in Mindanao and a total of 190MW of power plantsspread across the Visayas employing the latest in clean fuel technology. These power generation projects involvea combination of biomass and clean coal-fired power generation. In addition, FDCUI is evaluating a hydro power plant and mine mouth potential of 840MW in Luzon.
For inquiries, please send an email to corpcomm@fdcutilities.com.