PIC Group wins O&M services agreement for the first large-scale waste-to-energy power plant in the Philippines
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ATLANTA – (BUSINESS WIRE) – Green Atom Renewable Energy Corporation awarded PIC Group the operation and maintenance contract (O&M agreement), effective December 2020, for the operation and maintenance of the first power generation Waste to Energy (WtE) utility scale plant in the Philippines located at Barangay Sapang Balen Mabalacat City, Philippines. Under the terms of the O&M agreement, valued at over $ 60 million, PIC Group will provide mobilization, comprehensive care and on-call services and maintenance services for the 12 MW waste-to-energy plant until 2035.
“Being the first large-scale waste-to-energy plant in the Philippines, Green Atom wanted a well-established and experienced O&M company with a proven but versatile set of management systems, programs and standards. of operation and maintenance, ”said Rex Recarro, president of Green Atom Renewable Energy Company. “PIC Group has this with a successful record of nationalized staffing and knowledge transfer.”
“PIC Group’s O&M services include unique system programs for long-term facility operations and maintenance services,” said Frank Avery, President and CEO of PIC Group. “This includes remote monitoring of plant equipment performance on an ongoing basis, to make sure we exceed owner’s expectations. PIC Group’s approach to O&M services ensures consistent and reliable operations while enabling Green Atom to achieve maximum financial and operational goals, including compliance, performance and business management, while reducing risk operational.
About Green Atom Renewable Energy Corporation
Green Atom Renewable Energy Corporation, a subsidiary of Rublou Inc, was established in February 2015 through the collaboration of founders who share the same passion, advocacy and aspiration in the development of renewable energy plants in the Philippines and elsewhere in the world.
About PIC Group
Founded in 1988, PIC Group, Inc. is dedicated to creating value by providing global energy services to facilities on four continents – North America, South America, Asia and Africa. PIC provides operation and maintenance services (care, custody and control), commissioning and start-up, documentation and training, and staffing services and serves the power generation, oil and gas, petrochemicals, pulp and paper and manufacturing.
PIC Group, Inc. is a wholly owned subsidiary of Marubeni Corporation, a Fortune Global 500 company. Marubeni is a leading Japanese sogo shosha (international trading company) and the world’s third largest independent power producer (IPP).
About Marubeni
Marubeni Corporation and its consolidated subsidiaries use their extensive trade networks, both in Japan and abroad, to carry out imports and exports (including trade with third countries), as well as domestic activities, encompassing a wide range of activities, including consumer products, food, agriculture, chemicals, energy and metals and machinery and infrastructure for businesses.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210519005794/en/
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Source: PIC Group
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