Aboitiz Power sells 800 MW of power under open access
By Alena Mae S. Flores – July 20, 2018 at 07:50 pm
from manilastandard.net
Aboitiz Power Corp. sold a total of 800 megawatts of power to customers under the retail competition and open access regime.
“We’re now 800 MW. Close to 800 MW,” Aboitiz Power chief operating officer Emmanuel Rubio said Friday. RCOA allows large power users to choose their own suppliers.
“We’re renewing a lot of contracts because of open access, the terms are short, one- to two-year contracts,” Aboitiz Power first vice president Sandro Aboitiz said.
He said the bulk of the company’s customers are 1-MW users while the rest are 750 kW customers.
Aboitiz Power signed up Shangri-La’s Mactan Resort and Spa on Mactan Island in Cebu in May as one of its customers.
Aboitiz said more and more businesses were looking for sustainable energy solutions.
“More than just supplying power, we are looking at providing better solutions to our customers. Our wide portfolio of energy sources, both renewable and non-renewable, gives us the flexibility to meet the demand of our customers, while assuring our customers of the reliability that only Aboitiz Power can give,” Aboitiz said.
