State Dining Room, Malacañan Palace
February 1, 2023

President Ferdinand R. Marcos Jr. met with renewable energy developer San Ignacio Energy Resources Development Corporation (SIERDC) at the State Dining Room in Malacañan Palace.

SIERDC is involved in the design and construction of renewable energy plants such as solar and biomass power generation, as well as maintenance and operation of facilities, various inspections and consulting services.

The company is currently developing over 440 megawatts of solar PV (photovoltaics) and hydro projects in Northern Luzon through a business venture that is expected to bring in PhP18 billion in investment and provide employment to roughly 4,500 workers.

Special Assistant to the President (SAP) Secretary Antonio Lagdameo Jr., Department of Energy (DOE) Secretary Raphael Lotilla, and Department of Science and Technology (DOST) Secretary Renato Solidum Jr joined the Chief Executive in the meeting.

*  *  *