The document is an invitation and program for the World Geothermal Energy Summit 2011 taking place from December 7-9 in Manila, Philippines. The summit will focus on connecting technology, financing, and regulation to create a level playing field for advancing geothermal energy. The President of the Philippines has also invited attendees to the President's Investor Breakfast on December 9th to discuss geothermal energy opportunities in the country.

1. The President invites you to the
President’s Investor Breakfast on ConneCting teChnology, finanCing and
9 December 2011 at the Manila regulation toWardS a level playing field
Diamond Hotel at 10AM. See in geothermal energy advanCement 33% OF
3 DELE F FOR
WORLD
inside leaf for more info. GATES!
!!
ge~therma
Fully supported by the
Office of the President and the
Philippine Department of Energy
ENERGY SUMMIT
7-9 December 2011, Diamond Hotel, Manila, Philippines
PROGRAMME SCHEDULE
www.arcmediaglobal.com/geothermal
7 DECEMbER 2011, WEDnESDAy
Pre-Summit Public Outreach
Investment and development opportunities for
Programme geothermal energy operators, developers, regulators,
• Press Conference
• Panel Discussion with University investors and financiers
Students
Pre-Summit Workshops KEynOTE SPEECH
8 DECEMbER 2011, THURSDAy
Main Conference Plenary
9 DECEMbER 2011, FRIDAy Hon Jose Rene
President’s Investor breakfast | Almendras
0900 - 1200 Secretary of Energy
Makiling-Banahaw (MakBan) Geothermal DEPT OF EnERGy
Power Plant PHILIPPInES
Site Visit | 1200 - 1700 Melinda Ocampo Takashi Hongo
Makiling-Banahaw (MakBan) Geothermal President Head of Environment
Power Plant PHIL ELECTRIC Finance Engineering FACILITATED by
MARKET CORP* JbIC*
Atty Fernando
Peñarroyo
Director
InTERnATIOnAL
GEOTHERMAL
ASSOCIATIOn
Jesse Ang Michael Pierce
Country Head President
Visit the Makiling-Banahaw Geothermal Power InTERnATIOnAL AP REnEWAbLES InC
FInAnCE CORP
Plant and discover business opportunities and
meaningful relationships. More info on page 5.
Organised by Promoted by
Prof Eulinia Valdezco Ariel Fronda Dr Herman Darnel Dr Graeme
Member, Market Officer-in-Charge- Ibrahim beardsmore
Surveillance Committee Division Chief of the Member Technical Director
Site Visit Sponsors WHOLESALE Geothermal Energy nATIOnAL HOT DRy ROCKS
ELECTRICITy SPOT Management EnERGy COUnCIL
MARKET DEPT OF EnERGy InDOnESIA
Media Partners
Ray Cunningham Dr Frederico Francis benito Francisco Sebastian
FVP - Business Macaranas Geothermal Resources Chairman
Development Professor Specialist FIRST METRO
AbOITIz POWER AIM ASIAn DEVELOPMEnT InVESTMEnT CORP*
bAnK
*invited
bOOK nOW! Call +65 6844 2080 | Fax +65 6844 2060 | Email geothermal@arcmediaglobal.com

2. WORLD GEOTHERMAL EnERGy SUMMIT 2011 | DIAMOnD HOTEL, MAnILA, PHILIPPInES
ARE yOU MAxIMISInG yOUR OPPORTUnITIES ATTEnD WORLD GEOTHERMAL EnERGy
SUMMIT 2011 AnD bE AbLE TO:
WITHIn THIS GROWInG SECTOR?
þGain the most up-to-date and in-depth
information on the geothermal market.
þ Analyze the geothermal energy market on a
global scale.
þ Identify the key growth technologies and
opportunities within the geothermal industry.
þ Facilitate decision-making based on strong
historic and forecast data.
þ Develop strategies based on the latest
operational and regulatory events.
þ Do deals with an understanding of how
competitors are financed, and the
mergers and partnerships that have
shaped the geothermal market.
þ Identify and analyze the strengths and
weaknesses of the leading geothermal
companies.
þ Identify key partners and business
development opportunities.
þ Understand and respond to your
competitors’ business structure, strategy
and prospects.
TO REGISTER, EMAIL US AT GEOTHERMAL@
ARCMEDIAGLObAL.COM OR CALL OUR
HOTLInE +65 6844 2080!
WHO IS COMInG?
Utilities • Regional directors • Power plant managers
• Transmission • Technical managers
• Distribution and Generation Stakeholders • Geological specialists
Managers • Government Ministers • Geothermal project engineers
• Metering specialists • Economic officers • Energy and mineral resource
[ ]
• Engineers, • Utility chairmen engineers
• Planning and Technical • International organisation
directors officers
• CEOs • Mission directors Register 3 delegates and you
• Programme managers
save up to USD 900:
• Utility directors IPPs
• Managing directors Call: +65 6844 2080
Finance • Environmental specialists Fax: +65 6844 2060
• Project coordinators • Research and development Email: geothermal@arcmediaglobal.com
• Loan officers coordinators Visit: http://arcmediaglobal.com/
• Investment officers • Geothermal services geothermal
AbOUT THE CEnTER FOR EnERGy VEnUE
The Center for Energy Sustainability
and Economics (Center for Energy) is
an industry research centre (IRC) that
works to bring top executives together
in communities of learning and practice
to act as a catalyst for generating
high-value energy, mining and natural World Geothermal Energy Summit is going to be held in Manila
resources business insight and channel Diamond Hotel, Philippines on 7-9 December 2011. Manila is the
top expertise to where the world needs capital and largest city of the Philippines.
it most. Reach us at +65 6844 2080 or email cese@
arcmediaglobal.com. The Philippines gets 17% of its electricity supply from geothermal
power plants and is the second largest geothermal energy producer
in the world. To meet rising demand on electricity, the Philippines
hopes to increase its geothermal energy output to be one of the
main sources of the much-needed power capacities needed today.
2 Call +65 6844 2080 | Fax +65 6844 2060 | Email geothermal@arcmediaglobal.com | Visit arcmediaglobal.com/geothermal

3. MAIn PLEnARy | THURSDAy, 8 DECEMbER 2011
08:30 COFFEE AnD REGISTRATIOn 12:45 paneldiscussion
This session provides an opportunity to debate, ask
questions and discuss key considerations on:
09:00 keynotespeech FACILITATInG GEOTHERMAL EnERGy
PROMOTInG GEOTHERMAL-FRIEnDLy
InFRASTRUCTURE In THE REPUbLIC OF THE DEVELOPMEnT: GLObAL REGULATORS MEET
PHILIPPInES Following the Fukushima incident and the Arab
The Department of Energy hopes to increase the country’s spring, geothermal energy is now at the forefront
geothermal capacity by roughly 75 per cent over the next of clean energy options for power generation. In
20 years, with committed and indicative projects in the this panel discussion, you will be able to distill,
pipeline estimate at over $5 billion. Proposed projects will engage and align your priorities with important
add a total of 1,495 megawatts could be added to the governments that matter to your portfolios.
three main grids. • Available government guarantees
• Ensuring attractive geothermal purchasing
Hon Jose Almendras, Secretary, DEPARTMEnT OF price
EnERGy, PHILIPPInES • Dedicated tax holidays and tariff exemptions
• Permits for foreign and domestic firms to
GLObAL AnD REGIOnAL GEOTHERMAL access projects
MARKET AnALySIS AnD TREnDS • Addressing other bottlenecks for development
Invited regulators from key countries include:
09:45 globalhighlight • Indonesia, Philippines and California/Nevada
• Americas: Mexico/El Salvador
GLObAL OVERVIEW OF GEOTHERMAL EnERGy • Europe: Iceland/Italy
DEVELOPMEnT PROJECTS • Pacific: Japan/New Zealand
• Analysis and forecasts of the geothermal power • Africa: Kenya
industry
• Important technological, market and research and Panel Facilitator: Francis benito, Geothermal
development (R and D) trends Resources Specialist (Consultant), ASIAn
• Analysis of growth and development of energy DEVELOPMEnT bAnK
derived from geothermal power on a global basis
13:15 SPOnSORED nETWORKInG LUnCH
Jesse Ang, Resident Representative, InTERnATIOnAL Use this comfortable setting to spend quality time
FInAnCE CORPORATIOn with peers in the industry and informally gain
maximum ROI out of greenfield amd brownfield
10:15 nationaldevelopments projects.
THE ROLE OF WESM In HOnInG GEOTHERMAL
EnERGy AnD AFFORDAbLE ELECTRICITy
TECHnICAL COnSIDERATIOnS In
Melinda Ocampo President, PHILIPPInE ELECTRIC COMMERCIALISInG GEOTHERMAL
MARKET CORP*
EnERGy
10:45 SPOnSORED nAMECARD ExCHAnGE AnD
nETWORKInG COFFEE 14:00 EnHAnCED GEOTHERMAL SySTEMS AnD
Access inside information on government initiatives OPTIMISInG GEOTHERMAL PRODUCTIOn
and incentives that level the playing field for What are technologies and software available that
geothermal energy investments. identify critically stressed, permeable fracture
faults for optimal well location?
• Geothermal electricity generation with
REGULATORy FRAMEWORKS, MARKET advanced extraction technology
OVERVIEW, DEVELOPMEnT AnD • how to improve the longevity of down hole
pumps through maintenance and operations
FORECASTS OF KEy COUnTRIES • Resource degradation in geothermal operations
to understand how to identify challenges and
11:15 UPDATES FROM InDOnESIA: GEOTHERMAL come up with solutions
PLAnT CASE STUDy
Next to the U.S., Indonesia holds approximately 40% Dr Graeme beardsmore, Technical Director
of the world’s conventional geothermal reserves. HOT DRy ROCKS
Find out latest projects, incentives and regulations to
expedite geothermal energy development.
Dr Herman Darnel Ibrahim, Member
14:45 paneldiscussion
This session provides an opportunity to debate, ask
nATIOnAL EnERGy COUnCIL InDOnESIA questions and discuss key considerations on:
CROSSInG THE TECHnICAL HURDLES In
12:00 UPDATES FROM THE PHILIPPInES: GEOTHERMAL EnERGy DEVELOPMEnT
GEOTHERMAL PLAnT CASE STUDy Advanced technologies are now available that
Updates on geothermal power facility targeted for make geothermal energy an economically viable,
commissioning around 2013, the same period when reliable and safe clean energy resource. Securing
power supply in the Luzon grid hits precarious level. a sustainable energy future through geothermal
projects in general, and ensuring the commercial
Michael Pierce, President, AP REnEWAbLES InC
Call +65 6844 2080 | Fax +65 6844 2060 | Email geothermal@arcmediaglobal.com | Visit arcmediaglobal.com/geothermal 3

4. WORLD GEOTHERMAL EnERGy SUMMIT 2011 | DIAMOnD HOTEL, MAnILA, PHILIPPInES
PLEnARy | THURSDAy, 24 nOVEMbER 2011
success of any given geothermal project in
particular, requires that careful consideration 16:45 question&answer
be given from drilling technologies through to This session provides an opportunity to debate, ask
designing the plant that fit well with respect to questions and discuss key considerations on:
the plant’s reservoir, area surface conditions,
and the environment. DISCOVERInG FInAnCInG OPTIOnS FOR
GEOTHERMAL EnERGy DEVELOPMEnT
It is important that these are understood when
design considerations are made to help ensure The capital funding markets for geothermal energy
that optimal, sustainable plant operation can projects have changed dramatically in the last two
be achieved. years. This sector formerly relied heavily on tax equity
investors such as investment banks and insurance
In this panel discussion, you will be able to companies. Changing dynamics has led to the decline
extract insights from service and technology in the number of these investors available to fund
providers about technologies that will ramp up geothermal projects. Government grants and subsidies
your development of geothermal energy. are available—but what geothermal producers
need most is private venture capital. Use this panel
Technology experts will be invited to the discussion to structure a robust case for geothermal
panel. energy development.
15:15 Panel Facilitator: Dr Frederico Macaranas,
SPOnSORED nETWORKInG AFTERnOOn
Executive Director, Policy, ASIAn InSTITUTE OF
COFFEE
MAnAGEMEnT
This is a great time to review your notes for
the day, check whether all your objectives have
been met and meet the people over coffee who
17:15 EnD OF SUMMIT AnD SPOnSORED COCKTAILS
can help you meet them!
ECOnOMICALLy SOUnD FUnDInG
SOURCE AnD InCEnTIVES FOR
yOUR GEOTHERMAL PROJECT AnD
EnSURInG RETURnS TO CURREnT Top 6 new reasons why
SHAREHOLDERS you must attend WGES
1
15:45 POLICy, ROADMAP AnD InCEnTIVES FOR Access inside information
GEOTHERMAL DEVELOPMEnT on government initiatives
What are the criteria necessary to encourage and incentives that level the
utilities, geothermal developers and investors
to invest in geothermal energy development? playing field
2
Ariel Fronda, Officer-in-Charge-Division Gain insights into what
Chief of the Geothermal Energy Management,
DEPARTMEnT OF EnERGy PHILIPPInES
would make funding
organisations excited to
With license in mechanical engineering and advanced
diploma from the United Nations University in Reykjavik,
finance your projects
3
Iceland, Ariel handles geothermal contract negotiations,
monitoring, and assessment, among handling other
specialized areas with the Department of Energy for over
Reveal investment risks
15 years. and ways to mitigate them
4
16:15 FInAnCE AnD InVESTMEnT FOR Harness available sites
GEOTHERMAL ExPAnSIOn that will drive your
How do you economically secure/ debt and/or
equity financing for:
portfolio growth
• geothermal energy plant acquisitions
5
• dry steam project development Discover geothermal
• flash steam project development technology
• binary cycle project development developments
• enhanced geothermal systems
• build-out or acquisition of geothermal
6
projects? Benchmark and
partner with players in
Francisco Sebastian, Chairman
FIRST METRO InVESTMEnT CORP*
global growth areas
4 Call +65 6844 2080 | Fax +65 6844 2060 | Email geothermal@arcmediaglobal.com | Visit arcmediaglobal.com/geothermal

5. MAIn PLEnARy | THURSDAy, 8 DECEMbER 2011
Pre-Summit Public Outreach Programme Pre-Summit Workshops
Wednesday, 7 December 2011 Wednesday, 7 December 2011
Press Conference | 0800 - 0900
Workshop A | 1030 - 1300
This is a great opportunity to set the discussion before
the summit and introduce yourselves to the local and OPTIMISInG GEOTHERMAL SITE LOCATIOn AnD
international business media representatives invited. All ExPLORATIOn
sponsors are invited to join.
Discover how to optimise your geothermal exploration activities by
finding the best site location in the most efficient way possible, and
Panel Discussion with University therefore minimise the needed initial investment for geothermal
Students | 0900 - 1000 projects.
In partnership with top local universities, e.g. University of
the Philippines, Ateneo de Manila University, etc
Engineering, Business, and Geosciences majors will Workshop b | 1400 - 1630
discover the environmental and economic benefits of
geothermal energy, as well as potential careers in the MAnAGInG SOLID WASTE AnD CORROSIVE FLUIDS
industry, through this interactive panel discussion with
executives from geothermal energy developers, energy Overcome environmental and technical challenges by understanding
regulators, analysts and investment houses. and implementing global best practices in managing solid wastes
and corrosive fluids associated with geothermal operations.
PRESIDEnT’S InVESTOR bREAKFAST | POST-SUMMIT SITE VISIT |
FRIDAy, 9 DECEMbER 2011 FRIDAy, 9 DECEMbER 2011
Manila Diamond Hotel | 1000 - 1130 Site Visit to the Makban Geothermal Power
Plant | 1200 - 1800
Join the other summit participants on an exciting field trip to
one of the Philippines’ biggest geothermal plants, the 280-MW
Makiling-Banahaw (MakBan) Geothermal Power Plant to be
hosted by Aboitiz Power Renewables Inc (APRI).
After AP Renewables, a subdiary of APC, won the bidding for
the facilities in 2009, the company has invested $150 million
to rehabilitate and upgrade the Tiwi-MakBan geothermal power
The Philippine government has initiated major structural reforms in complex earmarked for 4 to 5 years to bring its capacity up to
the geothermal industry sector. The passage of Renewable Energy 330 MW, upon rehabilitation of its 5 and 6 generation units.
Act of 2008 and its implementing rules and regulations established
the open and competitive selection process for geothermal Discover opportunities from MakBan Geothermal Power Plant,
exploration projects. More importantly, geothermal was defined located at Bay, Laguna, approximately 87 kilometers southeast
under the law as a mineral resource opening the way for the entry of Manila in the Philippines, harnessing the geothermal energy
of 100% foreign-owned corporation in geothermal exploration, located in the Bulalo Field. Chevron Geothermal Philippines
development and utilization. Fiscal incentives were enhanced when Holdings, Inc is in charge of the drilling and the steam while
the geothermal industry was declared a priority investment sector Aboitiz uses that steam for the turbines that power the
that will regularly form part of the Philippine investment priority electricity generators.
plan. 12:00 Meet at Hotel Venue
Join the President’s Investor Breakfast. Limited seats available. Call 12:30 Bus Departs for Field Trip and Site Tour
us today at +65 6844 2080 or geothermal@arcmediaglobal.com!
14:00 Lunch and Remarks by AP Renewables
15:00 Plant and Field Site Tour
18:00 Bus Departs for Hotel Venue
20:00 Bus arrives in Manila
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6. WORLD GEOTHERMAL EnERGy SUMMIT 2011 | DIAMOnD HOTEL, MAnILA, PHILIPPInES
AbOUT OUR SPOnSORS
Site Tour Sponsors
Aboitiz Power Corporation (AP) is a publicly-owned AP Renewables Inc. is 100%-owned
holding company listed with the Philippine Stock subsidiary of Aboitiz Power Corporation.
Exchange that, through its subsidiaries and affiliates, It won the competitive bid for the 747
is a leader in the Philippine hydroelectric power megawatt Tiwi-Makban geothermal power
generation industry and has interests in some of the plants with an offer price of $447 million.
largest privately-owned distribution utilities in the The plants were turned over in May 2009.
Philippines. Since its incorporation in 1998, AP has
accumulated interests in both hydroelectric power
generation facilities and in thermal plants.
As a sponsor, you will have the BE A SPONSOR NOW
opportunity to demonstrate your
credibility and thought leadership.
Call us at +65 6844 2080 or email us at
geothermal@arcmediaglobal.com for
sponsorship opportunities.
Call us at
+65 6844 2080 or
email us at
geothermal@
arcmediaglobal.com
6 Call +65 6844 2080 | Fax +65 6844 2060 | Email geothermal@arcmediaglobal.com | Visit arcmediaglobal.com/geothermal

7. World Geothermal Energy Summit 2011 7-9 December 2011, Manila Diamond Hotel, Philippines
Delegate Registration Form 4 Easy Ways to Register
Tel +65 6844 2080
Fax +65 6844 2060
II1 82460 PM Regular Email geothermal@arcmediaglobal.com
Web www.arcmediaglobal.com/geothermal
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