LEC Circular Energy Infrastructure
A rapidly deployable, modular, and water-based WTE platform that converts local waste streams into energy-dense green coal for 24/7 baseload power
Project Information
Sector
Energy
LEC Node
CK: Phase 1 Anchor
Project Typology
Power infrastructure; Other (Waste Processing)
Opportunity Type
Strategic Equity; Utility / PPA; Institutional Finance
Opportunity Value
Tranche 1: US$ 160 Million; Total Capex: US$ 308 Million
Project Overview
Clark’s expanding industrial and advanced manufacturing base is driving demand for reliable, 24/7 power. The Clark International Airport Corporation (CIAC)-based project addresses this by converting municipal and industrial waste into dispatchable power through non-incineration hydrothermal carbonization (HTC). The project supports Clark’s renewable energy and decarbonization targets.
The Proponent
Rivia Equity PH Corporation holds exclusive Philippine license access to an HTC technology platform with a 17-year operating track record and deployments across Japan, India, Taiwan, Indonesia, and China.
Highlights
Phase 1 targets 22 MW of baseload power from 219,000 tons of waste annually using non-incineration waste-to-energy (WTE), with commercial operations targeted within 12 months of Notice to Proceed.
The Opportunity
Riven is seeking a lead investor for a US$ 160 million Tranche 1 equity investment under an 80/20 Special Purpose Vehicle (SPV) structure. The project is Bases Conversion and Development Authority (BCDA)-approved and structured outside the Public-Private Partnership (PPP) framework.
Have a Project in Mind?
Talk to our team about opportunities across energy, manufacturing, logistics, and more in the Luzon Economic Corridor.