Aboitiz Power Corp. has formalized its interest to participate in the bidding of some of the assets of the Power Sector Assets and Liabilities Management Corp. (Psalm), including the 640-megawatt Unified Leyte geothermal power project.

“We’re interested in the privatization of some of Psalm’s assets. In fact, we have registered for Unified Leyte. We also registered for the Mindanao diesel barges, so yes, we’re still open to privatization of Psalm assets,” AboitizPower’s president and chief executive officer, Erramon Aboitiz, told reporters during the celebration of the 25th anniversary of Aboitiz Foundation on Wednesday.

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