FDC Utilities, Inc. (FDCUI)

Image FDC Utilities, Inc. (FDCUI)

FDC Utilities, Inc. (FDCUI) is a subsidiary of the Filinvest Development Corporation committed to continuing the Gotianun tradition of making a difference in the lives of Filipinos. As one of the Philippines’ leading conglomerates, with significant investments, experience, and expertise in real estate, banking, hospitality, and sugar, the Filinvest Group attempts to diversify its businesses and further its reach through FDCUI to make an impact on the critical energy sector.

As the company aims to bring electricity to potential growth circles in the Philippines, it endeavors to increase development in communities all over the country while enhancing synergy among the subsidiaries of the Filinvest Group. FDCUI’s overall strategic goal is to achieve sustained growth through the next years and therefore strives to put up multiple power generation projects reaching 1,000 megawatts across the Philippines. Its flagship project, the 405-MW FDC Misamis Circulating Fluidized Bed Coal Thermal Plant located in Villanueva, Misamis Oriental, is one of the biggest baseload power plants in Northern Mindanao.

FDCUI is also into the retail electricity supply business through subsidiary, FDC Retail Electricity Sales Corporation. FDC RES is committed to exploring viable supply options offering reliable, secure, and cost-effective power to Contestable Customers.

In 2018, FDCUI established the Filinvest-ENGIE Renewable Energy Enterprise, Inc. (FREE) in partnership with ENGIE Services Philippines to pursue renewable energy projects. FREE recently completed its flagship project, a 2.8MWp solar rooftop solution at Festival Supermall in Alabang which started commercial operations in December 2021.

FDCUI has also entered the sustainable water space through subsidiary FDC Water Utilities, Inc. The company is into the general business of operation, management, maintenance, and rehabilitation of waterworks, sewage, and sanitation systems, including the distribution, supply, and sale of potable water.

Industry Property / Real Estate
Company Size: 51 - 200 Employees
Average Processing Time: 22 days
Industry: Property / Real Estate
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