SN Aboitiz Power Magat (SNAP-Magat) was declared the winner in the private organization category at the 23rd National Gawad Kalasag awarding ceremony held on December 11, 2023, at the Manila Hotel.
The Gawad Kalasag award is given to local government units, critical institutions, and special organizations for their efforts in disaster risk reduction, emergency preparedness, climate change adaptation, and humanitarian assistance that protect high-risk communities.
The award recognizes the company’s commitment to sustainable operations and safety. “We are committed to safeguarding our employees and host communities, which are an integral part of our business,” SNAP President and Chief Executive Officer Joseph Yu said.
Last year, SNAP-Magat won the national title in the same category, while SNAP-Benguet was a runner-up. This year, both companies were champions in their respective regions demonstrating SNAP plants’ consistency and commitment to safety and excellence in operations.
The Gawad Kalasag, organized by the National Disaster Risk Reduction and Management Council (NDRRMC) and Office of Civil Defense (OCD), is the country’s premier award-giving body which recognizes organizations that have designed and implemented comprehensive Disaster Risk Reduction and Management programs to protect high-risk communities and increase their resilience and capability to respond to and minimize disasters.
About SNAP-Magat:
SN Aboitiz Power-Magat (SNAP-Magat) is a joint venture of Scatec and Aboitiz Power Corporation (AP).
Scatec is a leading renewable energy solutions provider, accelerating access to reliable and affordable clean energy in emerging markets. As a long-term player, they develop, build, own and operate renewable energy plants, with 4.6 GW in operation and under construction across four continents today. They are committed to growing their renewable energy capacity, delivered by their 800 passionate employees and partners who are driven by a common vision of ‘Improving our Future’. Scatec is headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the ticker symbol ‘SCATC’.
AP is the holding company of the Philippines-based Aboitiz Group’s investments in power generation, distribution, and retail electricity services. It advances business and communities by providing reliable and ample power supply at a reasonable and competitive price, and with the least adverse effects on the environment and host communities.
SNAP-Magat owns and operates the Magat hydroelectric power plant which has a nameplate capacity of 360 MW and maximum capacity of 388 MW on the border of Isabela and Ifugao; and the 8.5-MW Maris hydro in Isabela. The non-power components such as dams, reservoirs, and spillways are owned, managed, and operated by the government.
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