CP Managing Director and Principal Sol Castro renews his engagement with Arctas Capital Group to advise on the development of the 400MW Tampakan Power Project owned by Sagittarius Mines, Inc./Xstrata Copper. Using the latest CFB technology, the captive power plant will energize the Tampakan Copper-Gold Project, which has the potential to be the largest mine in the Philippines and the 5th largest copper mine in the world by 2016. The capital investment required to develop the mine and related infrastructure, including the self-generation facility, will exceed USD5 billion – the largest foreign direct investment in the country’s economic history. Arctas is an energy-focused project development, principal investment and advisory firm based in Houston, TX.
Managing Director Continues Role as Project Advisor to 400MW Captive Power Plant Project
January 10, 2011
