Satrap Power Corporation (SATRAP) was established in 2014 in response to the growing need for low cost sustainable electricity in the Philippines with an initial capitalization of Php100 million. It is SATRAP's vision to be in the forefront of developing renewable energy projects in the Philippines, and will give preference in employment of qualified residents as well as undertake corporate social responsibility projects focused on education and training of qualified and deserving beneficiaries in the host communities. Further, the Local Government Units (LGU) hosting the resource shall be entitled to certain incentives in accordance with the Renewable Energy Act of 2008 (RA 9513), and more particularly the financial benefits pursuant to ER 1-94.

SATRAP is an affiliate of the LCS Group of Companies whose business interest includes Real Estate, Construction, Agro-Industrial Enterprises, Land and Air Transportation, Gaming, and Entertainment.

SATRAP is the RE Developer of the Solar and Biomass Power facilities in the Province of Ilocos Sur, as the province power needs has been growing significantly with the rise of the popularity of the City of Vigan, having been named a UNESCO World Heritage Site and one of the New 7 Wonders Cities in the world last May 2015. The province is endowed with rich natural resources and is a major producer of rice, corn and tobacco in the country, making it very suitable for renewable energy.

SATRAP's projects are situated on a non-irrigated marginal piece of land located in Barangay Nagpanaoan, Santa, Ilocos Sur. It is also exploring into the development of other renewable energy projects such as hydroelectric and wind power in different locations in the Philippines.

SATRAP was founded by its Chairman, Mr. Luis Chavit C. Singson and is managed by officers with several years of combined experience in the fields of Manufacturing; Engineering and Construction; Project Development; General Trading, and Renewable energy development and operation. SATRAP's management team is headed by its Chief Executive Officer, Engr. Dominador R. Borje Jr., who has extensive knowledge and experience in energy development and operation.