We are greatly honored to be chosen as partners of these successful companies. We are committed to delivering great power and contribute more to the success of our new partners.
— Emmanuel V. Rubio, COO, AboitizPower Generation Business Group
Aseana Holdings, Inc., the developer of master-planned Aseana City, entered into a 10-year partnership with AboitizPower as the electricity service provider for one of its office buildings in Aseana City. Aseana One will obtain its power supply from AP Renewables, Inc.’s 390-MW Tiwi-Makban geothermal power plant. Aseana One, with a peak demand of 900 KW, has been granted the Certificate of Contestability in 2015.
AdventEnergy also welcomed 11 new customers from Central Luzon under the Retail Competition and Open Access (RCOA) regime. The 11 companies are Yokohama, HLD Steel Pipes, Amertron, Multi-tek, Kodec Precision, Nidec Subic Philippines, Juken Sangyo Corp., Sanyo Denki, Nicera Philippines, Hitachi Terminals Mechatronics and EZSET Tonglung Metals. While Philippine Resins Industries, Inc. sources its power from Aboitiz Energy Solutions, Inc. (AESI), another AboitizPower subsidiary, since January this year.
Power generated from renewable resource like geothermal reduces 93% carbon emissions. Under the Retail Competition and Open Access (RCOA), bulk electricity consumers or contestable customers are empowered to choose their own electricity supplier. This gives the contestable customers the opportunity to lower their electricity costs, and enable them to choose from a diverse source of power supply.