The Lloyds Energy Merchant Power Plant is 1,200MW gas fired power project. It is planned in Philippines. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the announced stage. It will be developed in a single phase. The project construction is likely to commence in 2026 and is expected to enter into commercial operation in 2027. Buy the profile here.
Description
The project is being developed and currently owned by Lloyds Energy DMCC and Mitsubishi. The owners have 50% stake in the project respectively.
It is a Thermal power plant.
The project cost is expected to be around $1,177.44m.
Development status
The project construction is expected to commence from 2026. Subsequent to that it will enter into commercial operation by 2027.
For more details on Lloyds Energy Merchant Power Plant, buy the profile here.
About Mitsubishi
Mitsubishi Corp (Mitsubishi) is an integrated company that develops and operates businesses across the industry including industrial finance, energy, metals, machinery, chemicals, living essentials and environmental business. The company manufactures and markets a wide range of products, including energy, metals, machinery, chemicals and living essentials through its domestic and overseas network. It carries out diverse businesses by investing in areas such as development of natural resources and infrastructure, and finance businesses. Mitsubishi also creates new business models in the fields of new energy and environment, and new technology-related businesses. It has operations in regions across Japan, North America, Latin America, Europe, Africa, Middle East, Asia and Oceania. Mitsubishi is headquartered in Tokyo, Japan.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
