AboitizPower bags N Ecija supply deal
Aboitiz Power Corp. has secured a five-year power supply deal to provide Nueva Ecija with clean energy.
The contract entered into by AboitizPower subsidiary AP Renewables Inc. (APRI) covers the delivery of 41 megawatts of Cleanenergy to 10 municipalities within the Nueva Ecija II Electric Cooperative Area 1 (NEECO II Area 1).
“This partnership with AboitizPower is definitely part of a continuing commitment to power the needs of the residents and businesses of the municipalities we serve while minimizing our carbon footprint. It’s been a tough nine months for the NEECO II Area 1 group, but with the strong support from all groups within the organization, we are on-track once again towards fulfilling our unwavering service to the people,” NEECO II Area 1 Board president Reynaldo Villanueva said.
As early as March last year, the bidding process for NEECO II Area 1’s energy requirement begun, where four energy suppliers participated and APRI emerged as the chosen power provider.
As in many aspects impacted by the pandemic, APRI said conducting and participating in a CSP during the months on lockdown was no easy feat.
“This is one of the hurdles that both teams had to overcome, but in the end, the results proved to be as rewarding as the journey itself,” APRI president and COO Dennis Jordan said.
AboitizPower First Vice President for Commercial Operations Juan Alejandro Aboitiz said the deal accelerates the company’s e “group-wide efforts towards integrating environmental stewardship plus pursuing partnerships for long-term growth.”
“On behalf of AboitizPower, we are extremely honored to continue this journey and stand once again alongside NEECO II Area 1 in its pursuit of reliable and clean energy for households, businesses, and the communities in its franchise area,” he said.
AboitizPower is the holding company for the Aboitiz Group’s investments in power generation, distribution and retail electricity services.
The company is one of the largest power producers in the Philippines with a balanced portfolio of assets located across the country.
It is a major producer of Cleanergy, its brand for clean and renewable energy with several hydroelectric, geothermal and solar power generation facilities. It also has thermal power plants in its generation portfolio to support the baseload and peak energy demands of the country.
In the next 10 years, AboitizPower looks to significantly expand its Cleanergy portfolio, in support of the government’s efforts to promote renewable energy in the country and as the company’s contribution to the global renewable energy targets.