SN Aboitiz Power-Magat (SNAP-Magat) turned 18 on April 26, 2025, marking almost two decades of
generating clean and sustainable energy and powering communities' growth and development. The
plant held an official anniversary celebration for its employees on April 25, aptly themed "Standing
Strong and Powering On".
Since 2007, SNAP-Magat has made significant contributions to the Philippine energy landscape through
its 388-megawatt (MW) Magat hydroelectric power plant; the 8.5-MW run-of-river (ROR) Maris hydro
plant; and, as of January 2024, the 24-MW Magat battery energy storage system (BESS) phase 1.
It has also continually demonstrated commitment to sustainable development and social responsibility
through its corporate social responsibility (CSR) and community investment development programs
(CIDP). Over the last 18 years, a total of 667 CIDP projects have been implemented so far, representing a
cumulative community investment of approximately PhP364.5 million. In 2024 alone, 35 projects were
funded, amounting to PhP11.4 million.
SNAP-Magat has also stayed true to its value of innovation, evident in its recent milestones: the
groundbreaking of the Magat BESS phase 2, and the inauguration of its Integrated Remote Operations
Center (iROC). The new 16-MW BESS facility is scheduled for completion by next year, while the iROC
provides real-time, centralized monitoring and control of SNAP’s five hydroelectric facilities.
"We are incredibly proud of the last 18 years, and we look forward to accomplishing more in the next
18," said SNAP President and CEO Joseph Yu. "All these years of resilience and growth have only ever
strengthened our commitment to powering a more sustainable Philippines.”
As the company looks to the future, it remains dedicated to its mission of growth, excellence, and
sustainability, steadfast in pursuing and delivering better and more resilient energy solution services.
About SNAP-Magat: SN Aboitiz Power-Magat (SNAP-Magat) is a joint venture between 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; the 8.5-MW Maris hydro; and the 24-MW Magat battery energy storage facility in Isabela. The non-power components such as dams, reservoirs, and spillways are owned, managed, and operated by the government.
