HEDCOR, the renewable energy asset manager of AboitizPower, turned over P5,140,167.01 in royalty shares to Indigenous Peoples (IP) communities in Bukidnon for 2022 to 2023. These funds directly benefitted the host communities of Hedcor's Manolo Fortich 1 and 2 hydroelectric power plants, advancing inclusive growth and sustainable development.
The royalty shares were distributed to five IP organizations, including Santiago Tribal Community Inc., which received P1,401,529.47; Impakibel, Apo Man Asilan Tribal Association with P1,401,529.47; Lumikapaw Ka Guihean Tribal Council of Elders with P935,578.60; the Guilang-Guilang Apo Datu Nanikunan Association Inc. with P935,578.60; and the Buklod Kayantang Tribal Association Inc., which received P465,950.87.
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