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 was the first independent power producer in Mindanao region to sell directly to a private distribution utility, the Cagayan Electric Power and Light Company Inc. (CEPALCO).
Minergy’s main office is located in Barangay Tablon, Cagayan de Oro City. This is 12KM from the Cagayan de Oro proper. This 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, the areas of Plaridel, Claveria and Balingasag, and in Bukidnon at Bubunawan Baungon Bukidnon.
Through MINERGY, CEPALCO was able to face the challenge of providing consistent and reliable service to its customers, sustainably reducing, if not avoided, the incidence of power curtailments imposed by the Transmission System Operator all throughout Mindanao, 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.
Due to the high reliability and availability of the power plants owned and operated by MINERGY, the company has able to serve the power requirement of CEPALCO.