About the Officers
Wilfredo "Wolf" Bacareza
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President, Evergreenergy Management Corp, March 2025 - Present
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Founder and President of Bohol Renewable Power Corp, developed a 50MW solar power plant in Bohol Province, secured a Solar Energy Service Contract and Environmental Compliance Certificate. Project currently in the financing stage.
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Founder and President of Bohol Hybrid Energy Corp which participated and pre-qualified for the 83MW Competitive Selection Process conducted by One Bohol Power.
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Founder and President of Global Clean Hybrid Energy Corp, developed a 20MW solar hybrid power project in Palawan, secured a Solar Energy Service Contract and Environmental Compliance Certificate. Project pre-qualified to supply the Palawan Electric Cooperative.
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Former President for the Philippines of Infunde Development Pte Ltd (2015-2022), led the Philippine operations including due diligence, project structure, mergers and acquisitions, corporate finance and project development of power and infrastructure projects
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Former Vice President for Project Development of Aboitiz Power (2008-2014), a publicly-listed company in the Philippine Stock Exchange. Aboitiz Power is one of the biggest power generation firms in the Philippines and owns the second and third largest power distribution firm.
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Former President and Chief Executive Officer of the Philippine National Oil Company-Development Management Corporation (2005-2008). Generated the highest consolidated revenues earned by the company since it started operations. Managed to turn around the company (with losses recorded in the years: 2000-P10.26 million loss, 2001-P3.75 million loss, 2003-P21.42 million loss) into the second most profitable subsidiary of the Philippine National Oil Company and also declared the biggest cash dividend to the government in the company’s history.
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Consultant for the National Power Corporation (2004) in the implementation of the Electric Power Industry Reform Act (EPIRA).
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Counsel for MWSS in the rehabilitation and successful privatization of Maynilad Water Services Inc. (2005), the largest corporate rehabilitation case in Philippine history.
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Advisor for the Philippine National Construction Corporation (2005-2008), the franchise holder of all Philippine tollways, in the construction and extension of the South Luzon Expressway and the Skyway project.
Ronald Enrico Abad
President, Evergreen Management Corporation, Dec 2022 to March 2025
Completed Projects:
· Currently Developing Onshore Wind Projects from site assessment study, development of SPV, DoE LOI application and awarding of Wind Service Contracts.
Independent Consultant, May 2018 to Present
Completed Projects:
· Ongoing consultancy arrangement with RTI for the capacity building for Offshore Wind Development under the USAID-ESP project.
· Objective 1 Team Lead for the USAID Energy Secure Philippines Project - Improve the performance of Electric Utilities - subcontractor to RTI (2021)
· Consultant – Land acquisition for the 1,400MW Ahunan pumped storage hydro power project - Prime Metro Power Holdings, Inc.
· Performance Assessment of SOCOTECO II, MORE, Subic Enerzone
· Terms of Reference for the conduct of the Geographic Information System
· Developed utility improvement and reliability plans for SOCOTECO II, MORE and Subic Enerzone
· Developed the initial draft of the Smart Buyer Toolkit
· Supported the successful implementation of the Green Energy Auction Program of DoE
· Prepared land acquisition plans and strategy for the 1,400MW hydro project
Project Manager, Ingrid Power holdings, Inc. an AC Energy Co., October 2019 to January 2021
Completed Projects:
· EPC negotiations with Aggreko (Modular Diesel Generators), Shell (Fuel Supply and fuel tank construction), and Hefty (Substation and Transmission line)
· Negotiated with NGCP on the SIS, Facility Study and implementation of the Connection Assets
Vice President for Project Development, Aboitiz Power Corporation, April 2009 to April 2018
Completed Projects:
· Lead Developer – 230kv Transmission line project connecting the TVI plant to Magdugo S/S – Development Stage; ROW acquisition, SIS, FS, Parcellary survey, tower spotting, LGU endorsements, ECC, DAR land conversion, permits and approvals, EPC contract negotiations, Financial closing activities
· Deputy Lead Developer – 350MW Therma Visayas Project – Development Stage; Land search, ECC, DAR Land conversion, LGU endorsements, EPC contract negotiations, Financial Closing activities
· Lead Developer – 420MW Pagbilao Expansion Project – Development Stage; Consortium agreements with partner, EPC contract negotiations, SIS, FS, Financial Closing activities
· Project Developer – Acquisition of the 700MW Pagbilao IPPA (Therma Luzon, Inc.) – PSALM bid activities; bid preparation, contract award, successful closing activities, transition to the operating company, fuel procurement plan.
· Project Developer – Acquisition of the Power barges (100MW – PB117 and 100MW PB118) in Mindanao (Therma Marine, Inc and Therma Mobile, Inc. – PSALM bid activities; bid preparation, contract award, transition to operating company.
Business Development Manager and Fuel Procurement Manager, TeaM Energy Corporation formerly known as Mirant Philippines, April 2003 to April 2009
Completed Projects:
· Fuel procurement plan for the Sual (218MW) and Pagbilao (35MW) Power Plant
· Power Supply Agreements with Petron, Sunpower-Meralco, LA Farge
Project Engineer, Project Manager, Department Head, ABB Inc., April 1993 to April 2003
Completed Projects:
· Project sales and implementation of various substation facilities
· Implementation of the LV projects of Philip Morris
· Strategic Planning, Configuration, business process analysis for the successful transition to SAP
· Contract negotiation and implementation of the 230kV substation project in Bataan for TeaM Energy Corp
· Bid preparation and successful implementation of various substation projects for Transco/NPC
· Bid Preparation and successful implementation of the 230KV substation projects of PNOC EDC