SN Aboitiz Power-Benguet (SNAP-Benguet) marked its 17th anniversary on July 10, 2025 at the Binga Hydroelectric Power Plant in Itogon, Benguet, with the theme “SNAP-Benguet at 17: Charting New Horizons.” The event gathered local stakeholders, partners, and employees to celebrate the company’s legacy and reaffirm its commitment to a sustainable energy future.
The celebration reflected SNAP-Benguet’s continuing journey of transformation from a leading hydropower operator to an emerging player in new technologies such as battery energy storage solutions (BESS). The company shared its strategic direction as part of the energy transition, emphasizing innovation and creating shared value in the communities where it operates.
“We are proud of what we’ve accomplished over the past 17 years, and we are equally excited for what lies ahead,” said SNAP President and CEO Joseph Yu. “SNAP’s entry into battery energy storage is our contribution to the energy transition while ensuring that we continue to deliver reliable and responsible power.”
The event underscored the importance of collaboration among government, communities, and the private sector in pursuing energy security and sustainability. In his remarks, Vice Mayor Alain Xavier “Dax” Godio wished SNAP-Benguet many successful years ahead and offered “continued support and partnership as [we] move forward together.”
In the days leading up to the celebration, employees spearheaded various community-focused initiatives, including a blood donation drive, a workplace mental health awareness talk, and a local clean-up activity.
On July 9, SNAP-Benguet, signed a memorandum of agreement (MOA) for CSR projects with Barangay Tinongdan, headed by Barangay Chairman Edwin Atumpag. The MOA will cover funding for special CSR projects aligned with SNAP’s sustainability programs, which include environment, livelihood, health, and education.
As SNAP-Benguet moves forward, it remains focused on delivering reliable, sustainable energy while supporting the communities where it operates. In his speech, Yu said, “With our strong foundation in hydropower and our growing focus on emerging technologies, we hope to continue supporting local development and the country’s energy goals.” #
About SNAP Group:
SN Aboitiz Power (SNAP) 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 owns and operates the 112.5-MW Ambuklao and 140-MW Binga hydroelectric power plants in Benguet; 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.
Date of release: July 15, 2025
