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Therma Marine named top real property taxpayer in Maco, Davao de Oro

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Maco, Davao de Oro – Therma Marine, Inc. (TMI), a subsidiary of Aboitiz Power Corporation, was recognized as the top real property taxpayer and second largest business taxpayer in Maco, Davao de Oro for 2025 during the 59th Araw ng Maco celebration last June.

Consistent top real property taxpayer. On behalf of TMI, Operations Manager Engr. Jerik R. Jorgensen (center left) and Reputation and Stakeholder Management Manager Chrisyl Garcia (center right) receive a plaque of recognition during the 59th Araw ng Maco celebration for the company being named the municipality’s “Top 1 Real Property Taxpayer” and “Top 2 Business Taxpayer”.

With an estimated P23 million real property tax contribution for the year, TMI Mobile 1 helps strengthen the municipality’s fiscal capacity to deliver essential services and pursue key infrastructure projects.

In addition, through corporate social responsibility initiatives, TMI Mobile 1 also supports Maco’s health services, Adopt-an-Estero rehabilitation efforts, disaster response capabilities, and vulnerable sector livelihoods, helping advance inclusive and sustainable development, especially in its host community of Barangay San Roque.

“TMI has been a valuable partner in Maco’s development. Their consistent contributions help us improve public services, strengthen community programs, and create more opportunities for our people. We are honored to recognize their commitment to the progress of our municipality,” said Maco Mayor Arthur Carlos Voltaire Rimando.

TMI was also recognized with the same awards last year for the preceding fiscal year.

Adopt-an-Estero Program. Community members, volunteer-employees of TMI Mobile 1, the local government of Maco, and other government agencies join forces to clean up an estero in Barangay San Juan, Maco, Davao de Oro during a clean-up drive.

“Just as we help provide stability to the power grid, we also strive to be a steady partner in powering progress in Maco,” said TMI Senior Manager for Operations and Maintenance Engr. Benedicto Dejan Jr. “This recognition inspires us to continue creating meaningful impact through our contributions and supporting local development.”

Located in Barangay San Roque, Maco, Davao de Oro, the 100-megawatt TMI Mobile 1 plays a vital role in supporting the stability and reliability of the Mindanao power grid through the provision of ancillary services.

TMI Mobile 1 is also home to the first-ever barge-mounted hybrid Battery Energy Storage System (BESS) in the Philippines. The BESS project was a strategic response to critical concerns about energy reliability, affordability, and sustainability.

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Therma South ink P8-M worth of community projects

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Aboitiz Power Corporation (AboitizPower) subsidiary Therma South, Inc. (TSI) formalized P8 million for disaster preparedness and education programs in Davao City and Davao del Sur.

MOA for disaster preparedness and education projects in Inawayan, Davao del Sur. (seated, L-R) AboitizPower Transition Business Group Corporate Services Head Atty. Alona Suzell Ruyeras-Borromeo, Davao del Sur Provincial Hospital Chief Dr. Jaime Razo, Inawayan Brgy. Captain Danny Baquial, and Therma South Facility Head JP Pantino show a memorandum of agreement outlining CSR projects to be conducted by Therma South in Inawayan, Davao del Sur.

In Inawayan, Santa Cruz, Davao del Sur, a portion of the amount will fund disaster risk reduction management tools and equipment, as well as training for disaster-related rescue operations. It also covers solar electrification projects for barangay offices in Inawayan and Binugao, Davao City.

Under an agreement with the Department of Education (DepEd) and the Technical Education and Skills Development Authority (TESDA), 20 high school students from Inawayan and Binugao will receive financial aid worth P7,300 each per year. Another 19 residents will get full college scholarships, inclusive of a P25,000 allowance per semester.

“The impact of this project will be built for years to come, not only for this year but for the next generation. We are proud that our learners from Davao del Sur are part of it,” said DepEd District Supervisor of the South of Davao del Sur, Hazel Luna.

Meanwhile, Therma Marine, Inc. (TMI) earmarked a total of P4 million to healthcare and outreach projects in its host communities in Maco, Davao de Oro and Nasipit, Agusan del Norte.

Support for Maco’s physical therapy program signed. (front, L-R) AboitizPower Transition Business Group (TBG) Technical Director for Mindanao John Dean, Corporate Services Head Atty. Alona Suzell Ruyeras-Borromeo, Maco Mayor Arthur Carlos Voltaire Rimando, Vice Mayor Alvera Veronica Rimando, DepEd Schools Division Superintendent OIC Phoebe Gay Refamonte, AboitizPower TBG Reputation & Stakeholder Manager for Mindanao Chrisyl Garcia, and TMI Facility Head Benedicto Dejan, Jr. sign a MOA for CSR projects in Maco, Davao de Oro.

In Maco, TMI Mobile 1 allocated P1.8 million to bolster the Municipal Health Office’s physical therapy program. This includes the procurement of exercise equipment, as well as advanced electronic devices like rehabilitation robot gloves, neuromuscular electrical stimulation (NMES) units, and a physiotherapy therapeutic ultrasound device.

“Some of these equipment target specific aspects of physical therapy that are not usually met with the current facilities available at our regional health unit,” explained Maco Municipal Health Office OIC Liezl Andoy. “With AboitizPower’s donation, our massage therapists may be able to cater to more patients since the treatment of each may be potentially shortened.”

In Nasipit, TMI Mobile 2 allotted P2.2 million in projects for healthcare, livelihood, and disaster resilience, which includes the acquisition of a thermocoagulator for Nasipit’s Regional Health Unit. A thermocoagulator is a medical device used to treat human tissue lesions, particularly in cases of cervical cancer.

Helping healthcare, livelihood, and disaster resilience projects in Agusan del Norte. (seated, L-R) AboitizPower Transition Business Group (TBG) Corporate Services Head Atty. Alona Suzell Ruyeras-Borromeo, Agusan del Norte Governor Angel Amante, Nasipit Mayor Roscoe Democrito Plaza, AboitizPower TBG Technical Director John Dean, and TMI M2 Plant Facility Head Jerome Luchavez formalize a public-private partnership of CSR projects for Nasipit, Agusan del Norte.

In her speech, Agusan del Norte Governor Angel Amante commended the positive presence of AboitizPower in the area, citing revitalization of interest from other businesses and industries.

TSI owns and operates the 300-megawatt circulating fluidized bed coal-fired power plant located in Davao City and Sta. Cruz, Davao del Sur. Meanwhile, TMI owns and operates power barges in Maco, Davao de Oro, and Nasipit, Agusan del Norte, with a total installed capacity of 200 megawatts.

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Therma Marine cited as Maco’s top real property taxpayer

by Contributor
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Maco, Davao de Oro – Therma Marine, Inc., a subsidiary of Aboitiz Power Corporation, has been lauded by Maco, Davao de Oro as its top real property taxpayer and second largest business taxpayer for calendar year 2025, highlighting the company’s substantial contributions to the municipality’s local revenue and overall development.

The citation was presented during the Business and Employer’s Forum and BCMI General Assembly organized by the local government unit of Maco. The event honored organizations that played an important role in the municipality’s progress through tax payments.

“Since 2010, our mission has been to help power the progress of Mindanao by supplying reliable electricity to the grid. We are proud to contribute to Maco’s progress through our responsible operations and by being a good corporate citizen. We are honored to accept this award as it affirms our support for the community,” said Therma Marine – Maco Facility Head Benedicto Dejan, Jr.

Therma Marine operates two 100-megawatt oil-fired power barges strategically located in Maco, Davao de Oro (Mobile 1) and Nasipit, Agusan del Norte (Mobile 2). As of 2025, Therma Marine is a vital contributor to Mindanao’s power stability, supplying 40% of the contingency reserve requirement and 28% of dispatchable reserves.

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