It was reported that the Zamora Group, via Tranzen Energy, has plans to put up a 230 MW hydro electric power plant in Mindanao by 2014. This will be a new power plant as opposed to the common strategy of bidding for government power plants set on the privatization block by PSALM.
The group is behind the Montalban Methane power plant that converts the methane from the Rodriguez waste dumps to useful energy. Montalban is 60% owned by them with the remainder belonging to Carbon Assets Fund of Cayman Island that is in part owned by the United Kingdom Carbon Capital Markets. They are also planning to setup similar methane power projects in Angeles, Olongapo, Davao and San Mateo Rizal.
Aside from energy, the group also has investments in tourism and mining.
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