In 2007, Tokyo Electric Power Company (since renamed and referred to herein as "TEPCO") and Marubeni acquired the entire equity interest and all projects belonging to Mirant Asia Pacific Limited, a major IPP holding company in the Philippines, undertaking investment and involvement in its projects. TeaM Energy Corporation, established by TEPCO and Marubeni, seeks to contribute to the stable supply of electricity to the greater Manila area through the wholesale supply of power to the electricity market.
JERA succeeded to this project from TEPCO Fuel & Power in July 2016.
| Power Plant | Pagbilao 3 |
|---|---|
| Location | Quezon, Luzon Island, Philippines |
| Output | 388MW |
| Power generation method | Coal thermal power |
| Main fuel | Coal |
| Operating since | March 2018 |
| Investors | JERA, Marubeni, Aboitiz Power |