STEAG State Power Inc
Steag State Power, Inc. was founded in 1995. The Company’s line of business includes the generation, transmission, and/or distribution of electric energy.
STEAG State Power Inc. (SPI) is a leader in advanced coal power generation technology. Its strengths are efficiency, reliability, safety, innovativeness and social responsibility. It was established in 1995 as a special-purpose company created to own, finance, construct, operate and maintain the first coal-fired power plant on the island of Mindanao. SPI is majority owned by Steag GmbH which is Germany’s 5th largest electricity producer and a pioneer of highly efficient generation technology using hard coal.