As per the Power Sector Assets and Liabilities Management Corporation (PSALM), 10 companies have expressed interest in bidding for the management contract for the Unified Leyte geothermal power plant. The prospective bidders are Aboitiz Renewables, Inc., DMCI Power Corporation, FDC Utilities, Inc., Global Business Power Corporation, Marubeni Corporation, Philippine Associated Smelting and Refining Corporation, PowerOne Ventures Energy, Inc., Trans-Asia Oil and Energy Development Corporation, Unified Leyte Geothermal Energy, Inc., and Vivant Energy Corporation. In addition, there are 21 interested parties, including industrial corporations, electric cooperatives, and private power firms, that are interested in the independent power producer administration selection. The plant, located in Tongonan, Leyte, is covered by power purchase agreements between state-run National Power Corporation and Lopez-led Energy Development Corporation.
