As of 30 August 2020, PSALM has disposed 441 lots from its Real Estate Assets (REA) portfolio either through public bidding, public auction, government-to-government transaction or option existence notice (OEN) or negotiated bidding:
A. Disposal through Option Existence Notice (OEN)
| Property | Location | No. of Lots | Land Area (sq.m.) |
SGC | Net Purchase Price | Option Date |
|---|---|---|---|---|---|---|
| Bataan CCPP | Limay, Bataan | 51 4 |
228,616 65,626 |
Panasia Energy, Inc. | USD2,841,555.00 USD1,343,577.14 |
31 October 2007 14 February 2018 |
| Bohol DPP Land | Tagbilaran City, Bohol | 5 2 1 |
15,536 15 11,976 |
SPC Island Power Corporation | USD448,655.00 USD436.64 USD348,903.90 |
14 June 2012 08 December 2016 01 June 2017 |
| Batangas CFTPP Land | Calaca, Batangas | 27 |
375,364 9,548 |
Sem-Calaca Power Corporation | PHP365,364,000.00 PHP10,564,504.00 |
25 July 2011 30 August 2017 |
| Masinloc CFTPP Land | Masinloc, Zambales | 153 11 2 2 |
1,057,628 121,797 2,526 12,522 |
Masinloc Power Partners Corp. Ltd./Alpha Water Realty Services Corporation | PHP528,814,000.00 PHP19,343,097.02 PHP2,812,578.72 PHP14,229,722.36 |
01 July 2011 26 December 2013 11 October 2017 09 August 2019 |
| Magat HEPP Land | Ramon, Isabela | 2 | 55,900 | SN Aboitiz Power | USD747,618.07 | 31 October 2007 |
| Pantabangan HEPP Land | Pantabangan Nueva Ecija | 5 5 1 |
49,214 23,819 2,511 |
First Gen Hydro Power Corporation | USD225,493.70 USD110,230.62 USD5,682.87 |
16 March 2011 28 April 2011 14 February 2018 |
| Total | 272 | 2,032,598 | PHP1,235,080,825.93 | |||
*Note: The currency of Purchase Price is based on its respective LLAs. To sum up the Net Purchase Price in PHP, use conversion USD1 = PHP48.41, as of 30 September 2020.
B. Disposal through Public Bidding
| Property | Location | No. of Lots | Land Area (sq.m.) |
Winning Bidder | Financial Bids (In PHP) |
Turnover Date |
|---|---|---|---|---|---|---|
| Cebu DPP Property | Toledo City, Cebu | 21 | 109,415 | Panasia Energy, Inc. | 250,000,000 | 06 December 2019 |
| Laoag Property | Laoag City, Ilocos Norte | 1 | 3,530 | Panasia Energy, Inc. | 84,720,000 | 06 December 2019 |
| Naga Property | Naga, Bicol | 1 | 193 | Mr. Eric Alfred Yu Chang Cabral | 1,254,500 | 12 November 2019 |
| Aplaya DPP Property | Jasaan, Misamis Oriental | 49 | 139,266 | Panasia Energy, Inc. | 600,000,000 | 06 December 2019 |
| Total | 72 | 252,404 | 935,974,500 | |||
C. Disposal through Negotiated Bidding
| Property | Location | No. of Lots | Land Area (sq.m.) |
Winning Bidder | Financial Bids (In PHP) |
Turnover Date |
|---|---|---|---|---|---|---|
| Agusan Property | Manolo Fortich, Bukidnon | 3 | 10,596 | FG Bukidnon Power | 28,610,168 | 2020 |
| Maco Property | Maco, Davao de Oro City | 1 | 1,595 | Therma Marine, Inc. | 3,209,140 | 2020 |
| Nasipit Property | Nasipit, Agusan del Norte | 1 | 3,395 | Therma Marine, Inc. | 4,414,000 | 2020 |
| Total | 5 | 15,586 | 36,233,308 | |||
D. Disposal through Transfer to Another Government Agency
| Property | Location | No. of Lots | Land Area (sq.m.) |
Winning Bidder | Financial Bids (In PHP) |
Turnover Date |
|---|---|---|---|---|---|---|
| Bauang Property | Bauang, La Union | 92 | 261,349.32 | Provincial Government of La Union | 524,211,660 | 14 August 2019 |
| Total | 92 | 261,349.32 | 524,211,660 | |||
| No. of Lots | Land Area (sq.m.) |
Purchased Price (In PHP) |
||||
|---|---|---|---|---|---|---|
| Grand Total | 441 | 2,561,937.32 | 2,731,500,293.93 | |||
