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Business

AboitizPower bags power supply deal in Pampanga

Danessa Rivera - The Philippine Star

MANILA, Philippines — Aboitiz Power Corp. has bagged a contract to supply 40 megawatts (MW) of renewable energy to a power coop in Pampanga for 10 years.

Under the power supply agreement (PSA) signed in July, AboitizPower will supply Pampanga Electric Cooperative II (PELCO II) with 40 MW of Cleanergy from the Tiwi-Makban geothermal power plants operated by AP Renewables  in the provinces of Laguna, Batangas and Albay.

“This partnership reinforces AboitizPower’s role in promoting the use of renewable energy in the country as we strive to provide reliable power supply and integrate environmental stewardship in our operations. It is through the support and trust of partners like PELCO II that AboitizPower is able to fulfill its mission of advancing business and communities and live up to its promise of being a pillar of inclusive growth for the country,” APRI president and COO Dennis Jordan said.

The 10-year PSA was secured through a competitive selection process (CSP) conducted by PELCO II for its renewable energy requirements and help support its mission to “provide reasonable electricity rate and deliver the best possible service towards member-consumer’s satisfaction.”

AboitizPower emerged as the chosen energy supplier in the CSP that lasted four months. The CSP is aligned with the Department of Energy’s goal of upholding clear, transparent, and fair energy procurement processes by various power players.

PELCO II general manager Amador Guevarra acknowledged the value of the partnership with AboitizPower in driving progress of the province of Pampanga.

“We are hopeful that this partnership with AboitizPower will really contribute to the development of Pampanga and expand the use of renewable energy in the country.

We all know that the focus of government efforts to develop North Luzon is concentrated on Pampanga. Our Technical Working Group (TWG) has chosen AboitizPower to be the most responsive and compliant bidder, and we are looking forward to realizing the benefits of having them as our new supplier of RE for development projects for households and businesses in the region,” Guevarra said.

ABOITIZ POWER CORP.
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