San Roque Power Corporation (SRPC) is responsible for the operations and maintenance of the power-generating facility of the San Roque Multipurpose Project for 25 years effective May 1, 2003. SRPC is a corporation organized and existing under Philippine laws and registered with the Philippine Securities and Exchange Commission on October 14, 1997. It is a stock corporation incorporated in the Philippines, in accordance with the Corporation Code of the Philippines and the Foreign Investments Act of 1991. The company is owned by KPIC Netherlands B.V. (KPN) (50%), Sithe Philippines Holdings, Inc. (30%) and Mizuho Marubeni Leasing Corporation (20%).