Once completed, the 50-storey Mega Tower will become a prominent feature of SM Megamall, the second largest shopping mall in the Philippines and ninth largest mall in the world. As SM Prime continues to expand, it needs a reliable power partner to support its growth.
Once completed, the 50-storey Mega Tower will become a prominent feature of SM Megamall, the second largest shopping mall in the Philippines and ninth largest mall in the world. As SM Prime continues to expand, it needs a reliable power partner to support its growth.

Power

SM Prime Partners With AboitizPower

AP Reputation Management | August 16, 2019

SM Prime Holdings, Inc. (SM Prime), one of the largest integrated property developers in Southeast Asia, has chosen AboitizPower to supply 15 of its facilities with reliable and cost-effective power. 

During a ceremonial signing at Conrad Manila in Pasay City on August 7, SM Prime entered into a Retail Electricity Supply (RES) contract with AboitizPower to supply the company with aggregate demand of 50 up to 110 megawatts (MW) for three years. 

 With our continuous expansion in the coming years, we need a power supplier that will enable us to support our existing and future partners with reliable and cost-effective power. We believe that AboitizPower, with its extensive power generation assets, can provide what we are looking for.

– Jeffrey C. Lim, President, SM Prime Holdings

 

AboitizPower and SM Prime celebrate partnership at a ceremonial signing of Retail Electricity Supply contract on August 7, 2019 at Conrad Manila, led by AboitizPower Chief Operating Officer Emmanuel V. Rubio (2nd from left), SM Prime President Jeffrey C. Lim (3rd from left), AboitizPower First Vice President for Energy Trading and Sales Juan Alejandro A. Aboitiz (leftmost), and SM Prime Chief Finance Officer John Nai Peng C. Ong (rightmost).
AboitizPower and SM Prime celebrate partnership at a ceremonial signing of Retail Electricity Supply contract on August 7, 2019 at Conrad Manila, led by AboitizPower Chief Operating Officer Emmanuel V. Rubio (2nd from left), SM Prime President Jeffrey C. Lim (3rd from left), AboitizPower First Vice President for Energy Trading and Sales Juan Alejandro A. Aboitiz (leftmost), and SM Prime Chief Finance Officer John Nai Peng C. Ong (rightmost).

 

The company is delighted to be SM Prime’s power partner, with the two entities sharing the same goal of leaving a positive impact on their communities.

We are more than honored to be chosen by SM Prime as its supplier of choice. We are excited to more than just provide reliable and cost-efficient power supply, but to also work with them in looking for better solutions to support SM Prime’s thrust in providing its customers with top quality products and services.

– Manny Rubio, COO, AboitizPower

With its portfolio of renewable energy and thermal power plants located all over the country, AboitizPower, together with its partners, currently has a net sellable capacity of 4,471 MW.