Mindanao Energy Systems, Inc. (MINERGY) is an Independent Power Producer or IPP which was established by the Cagayan Electric Power and Light Company Inc. (CEPALCO), Cagayan de Oro’s sole private distribution utility, in 1992 to address the crippling power supply crisis. It is the first independent power producer in Mindanao region to sell directly to a private distribution utility.
MINERGY’s main office is located in Barangay Tablon, Cagayan de Oro City. This is 12km from Cagayan de Oro’s city proper and is also the site of its Diesel Power Plants.
Over the years, the company has established other power plants located in two provinces: Misamis Oriental, in the areas of Plaridel, Claveria and Balingasag; and Bukidnon in the area of Barangay Kili-og, Baungon.
Through MINERGY, CEPALCO was able to face the challenge of providing consistent and reliable service to its customers in its franchise area covering Cagayan de Oro City and the municipalities of Tagoloan, Villanueva and Jasaan in Misamis Oriental, including the 3,000 hectare PHIVIDEC Industrial Estate, thereby it sustainably reduced, if not avoided, the incidence of power curtailments imposed by the Transmission System Operator all throughout Mindanao.
Due to the high reliability and availability of the power plants owned and operated by MINERGY, the company has been able to serve reliably the power requirements of CEPALCO.