RASLAG Corp. Stock Analysis ASLAG.PM

RASLAG Corp provides energy services, which engages in develop, construct and operate power production facilities, sell the power capacity and energy produced, and maintain related facilities to connect the power production facility to the transmission grid or distribution system. The company is headquartered in Pasig City, Rizal and currently employs 45 full-time employees. The company went IPO on 2022-06-06. The firm is engaged in the development, construction, ownership, and operation of renewable energy power production facilities. The company operates four solar power plants in Pampanga. RASLAG-1, located in Suclaban, Mexico, Pampanga, covers an area of 129,438 square meters and has a capacity of approximately 10.046-megawatt peak (MWp). The company operates under the Feed-in Tariff (FIT-1) program. RASLAG-2, located in Suclaban and Gandus, Mexico, Pampanga, spans 133,460 square meters with a capacity of approximately 13.141 MWp and is a part of the FIT-2 program. RASLAG-3, situated in Bical, Mabalacat and San Jose, Magalang, Pampanga, occupies over 128,012 square meters and has a capacity of 18.011 MWp. The company operates as a merchant plant in the Wholesale Electricity Spot Market (WESM). RASLAG-4, located in San Pablo, Magalang, Pampanga, spans across an area of approximately 251,750 square meters and has a capacity of 36.646 MWp.