SN Aboitiz Power-Magat (SNAP-Magat) received recognition for its productivity, excellence, and innovation from the Department of Labor and Employment (DOLE) Region 2 on July 11, 2023 at Villa Blanca Hotel, Tuguegarao city. SNAP-Magat is one of 11 Micro, Small, and Medium-sized Enterprises (MSMEs) from the Agribusiness, Industrial, and Service industries recognized as Regional Winners. The enterprises were categorized according to the number of employees. Those with one to nine employees are micro-enterprises while small and medium categories are for enterprises with 10-99 and 100 and more employees, respectively. The winners were determined based on their productivity enhancement initiatives, employee engagement and expansion, business excellence, initiatives that address gender equality and social inclusion, worker development interventions, green program practices, and corporate social responsibility. The regional winners will represent Region 2 at the national competition in September 2023. The Productivity Olympics is a biennial competition organized by the National Wages and Productivity Commission (NWPC) with Regional Tripartite Wages and Productivity Boards (RTWPBs) nationwide, with this year’s theme, “From Striving to Thriving: Reset and Reposition for Impact.” With its ability to adapt quickly and strategically to the changing needs of the workforce, SNAP-Magat has been highly praised for creating a resilient, sustainable, and impactful workforce. #
SN Aboitiz Power-Magat (SNAP-Magat) is a joint venture of Scatec and Aboitiz Power Corporation (AP).
Scatec is a leading renewable energy solutions provider, accelerating access to reliable and affordable clean energy in emerging markets. As a long-term player, they develop, build, own and operate renewable energy plants, with 4.6 GW in operation and under construction across four continents today. They are committed to growing their renewable energy capacity, delivered by their 800 passionate employees and partners who are driven by a common vision of ‘Improving our Future’. Scatec is headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the ticker symbol ‘SCATC’.
AP is the holding company of the Philippines-based Aboitiz Group’s investments in power generation, distribution, and retail electricity services. It advances business and communities by providing reliable and ample power supply at a reasonable and competitive price, and with the least adverse effects on the environment and host communities.
SNAP-Magat owns and operates the Magat hydroelectric power plant which has a nameplate capacity of 360 MW and maximum capacity of 388 MW on the border of Isabela and Ifugao; and the 8.5-MW Maris hydro in Isabela. The non-power components such as dams, reservoirs, and spillways are owned, managed, and operated by the government.