This position paper discusses Mindanao Development Authority's position to transfer the ownership of the Agus-Pulangi Hydro Power Complex (APHPC) to a newly formed government-owned and controlled corporation (GOCC) centered in Mindanao. The GOCC can then decide whether to: (1) operate and manage APHPC; (2) undertake public-private partnership (PPP) to operate and manage the APHPC; or (3) undertake modified PPP where the GOCC owns the assets, while the private sector operates and maintains them (assets), but sales of energy are bid out in blocks.