J-Power partners with Markham for hydropower projects in Mindanao, Philippines

Markham Resources Corporation (Markham) entered into a partnership agreement with Japan’s Electric Power Development Co., Ltd (J-Power) to co-invest in and operate two hydroelectric projects located in Mindanao, Philippines.

Tribe Infrastructure Group served as the sole financial advisor to Markham throughout this transaction.

Under this agreement, J-Power will acquire a 40% stake in Lake Mainit Hydro Holdings Corporation (LMHHC) and Bukidnon Hydro Energy Corporation (BHEC). The investment highlights J-Power’s continued engagement and strategic commitment to the energy sector in the Philippines.

J-Power is an international power generation company with over six decades of industry experience. It maintains a diverse generation portfolio comprising 26.6GW of installed capacity across various energy sources worldwide.

Tribe Infrastructure Group, headquartered in Abu Dhabi and regulated by the Financial Services Regulatory Authority of Abu Dhabi Global Market, provides advisory and project development services in the infrastructure sector. Tribe focuses on supporting governments and private sector clients by developing sustainable infrastructure solutions aimed at enhancing energy security and promoting community development.