Business Highlights

AboitizPower welcomes first Open Access customers in Central Luzon

June 30, 2016

Eleven of the biggest companies in Central Luzon are choosing renewable energy and AboitizPower to support their operations.Aboitiz Power Corp., through its subsidiary AdventEnergy welcomed its eleven newest customers from Central Luzon under the Retail Competition and Open Access (RCOA) regime.

In a gathering in Subic last June 9, AboitizPower led by its EVP and  Generation Business Group COO Manny Rubio thanked 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 for choosing AdventEnergy to provide them with clean and renewable energy in their operations.

Another AboitizPower subsidiary, Aboitiz Energy Solutions, Inc. (AESI), also welcomed​ its newest customer, Philippine Resins Industries, Inc., which was the first to switch effective January 26, 2016."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," Rubio said.

Rubio, also outlined the projects of Aboitiz​Power, in line for its goal of increasing its capacity to 4,000 MW by 2020, to keep up with the growing Philippine economy.

To date, AboitizPower and its partners have 3,350 MW total net sellable ​capacity that supplies to private distribution companies, electric cooperatives and industries. Around 38% of which is renewable, making AboitzPower as one of the biggest RE developers in the country.

Licensed Retail Electricity Suppliers (RES) AdventEnergy and AESI, both wholly-owned AboitizPower subsidiaries, also took advantage of the gathering in Subic to discuss updates on the power industry, as well as the latest value-added technical services that can be provided by AboitizPower, such as power quality analysis, vibration analysis and thermal scanning, as well as billing updates and services.

“It is an honor for the AboitizPower to be your supplier of choice,” AboitizPower vice president for energy sales Roland Gaerlan said during the forum. He mentioned that the companies are the first Open Access customers outside Manila, not only of the AboitizPower but of the entire energy industry.He also noted that AbotizPower believes in a competitive market and sustainable partnerships. He said that as AboitizPower continues to expand, it will remain committed to be a reliable power supplier and solutions provider.

AboitizPower owns 100% equity in AdventEnergy, a licensed RES for the company’s renewable energy portfolio, also known as Cleanergy.AESI, has been a licensed RES since 2009. Its license was renewed on October 29, 2012 for another five years.