IGT (Integrated Green Technology) and CMPL (CNIM Martin Private Limited) hosted their first “Waste to Energy Summit 2019” on November 15, 2019 at the Grand Ballroom of Seda Hotel Vertis North Quezon City.
IGT's founder Michael Coronel-Jimenez and co-founder A. Leilani T. Cruz, along with CMPL CEO Denis Bauer, spearheaded the milestone event.
Showcasing their expertise in renewable energy, the two companies explained their patented European technology aimed toward Asian markets such as the Philippines.
Based in Paris, France, CMPL uses German technology. Combined with 50 years of experience in waste to energy EPC and FGT (Flue Gas Treatment), CMPL's technology complies with our RA 8749 (Clean Air Act) of the Philippines.
The technology provider has built more than 170 WTE plants in 23 countries. The 24th country will be the Philippines.
With the combined cooperation of the LGUs (Local Government Units), DENR (Department of Environment and Natural Resources), and DOE (Department of Energy), IGT and CMPL believe that their project investments will come to reality.
The projects are supported by all European funders and backed up with debt insurance and bank guarantees which are all in place for financial support.
The first three (3) projects (2 in Cebu and 1 in Pangasinan) have a total investment of $230M through the Allied Project Services Limited of London.
IGT and CMPL aim to provide state of the art waste management, energy sustainability, and environment protection per LGU. The projects will also reduce the rate of electricity and generate employment among cities and municipalities.
MAIN PHOTO: Architect Jesus Aguas, Michael Jimenez (IGT CEO/President), A. Leilani Cruz (IGT COO/Executive Vice President), Denis Bauer (CNIM Martin Private Limited CEO), Pam Decal (IGT Interim-Corporate Secretary), and Joel Decal (IGT VP-Business Affairs & Director).