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    11-50
    Bronzeoak, Inc. (formerly Negros Island Biomass Holdings, Inc) operates as a management services provider of the BioPower group.BioPower is a collective venture of entities that share a common goal of promoting and using Biomass technologies to different forms of energy and other potential products. The group’s key objective is to accelerate the growth and adoption of Biomass in the Philippines and its neighboring regions in Southeast Asia & Oceania.The group is currently building three powerplants totaling 70 MW of attributable capacity fueled by biomass from agricultural waste, primarily from sugarcane.With multiple biomass conversion facilities and power stations expected to operated continuously, BioPower contributes to the development of the optimal solutions to harvest, transport, and process bioproduct sectors.

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