Maibarara geothermal power project gets ECC

August 11, 2010

MANILA, Philippines – PetroEnergy Resources Corp. (PERC) has been given an Environmental Compliance Certificate for its 40-megawatt Maibarara Geothermal Power Project, the publicly listed firm told the Philippine Stock Exchange.

PERC will develop Maibarara in Calamba, Laguna and Sto. Tomas, Batangas, and intends to commission the first 20 MW integrated steamfield and power plant by late 2013.

PERC and its environmental consultant, SMEC Inc., conducted the baseline environmental studies alongside initial consultation with local government units after the Department of Energy awarded the Maibarara service contract last February 1.

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