By
Jasper Y. Arcalas - February 2, 2017
Aboitiz Power
Corp. on Thursday entered into a 12-megawatt (MW) power-supply contract
with four of the country’s largest meat-processing companies.
In a signing ceremony
on February 2 at Seda Hotel BGC, Foodsphere Inc., Virgina Food Inc., LIIP
Food Processors Inc. and GenOSI Inc. signed up for a combined 12 MW of capacity
supply from AboitizPower retail electricity suppliers Advent Energy and Aboitiz
Energy Solutions. The four food companies are some of the largest members of
the Philippine Association of Meat Processors Inc. (Pampi).
“We chose AboitizPower
because of their cost-effective energy rates that would result to optimum
savings for our company,” Foodsphere Inc. President and Pampi Vice President
Jerome D. Ong said in a statement.
“Their being one of the
most experienced and reputable energy source was another deciding factor. They
have a very responsive and technically competent team that always provides
superior after-sales support,” Ong added.
Virginia Food Inc.
President Felix Tiukinhoy pointed out that competitive rates of AboitizPower
will allow them to better manage their costs of production, especially in their
power consumption.
“Because of the very
competitive rate that AboitizPower offered, we are able to have predictable
power cost over time. Also, we are banking on their reputation as a reliable
and dependable energy company, and that they will deliver on their promise,”
said Tiukinhoy, who is also the president of Pampi.
AboitizPower Executive
Vice President and COO for Corporate Services Luis Miguel O. Aboitiz said the
group is looking forward to a stronger partnership with its new customers and
the Pampi as an organization.
“We are proud to be
partners with an industry that is basically woven into the Filipino lifestyle,
and an industry that employs a lot of Filipinos. We look forward to join Pampi
as they grow,” Aboitiz said.
AboitizPower COO for
its coal group Sebastian R. Lacson said the biggest advantage of AboitizPower
is its diverse portfolio, which gives it the ability to respond to the needs of
the customers while maintaining a competitive price.
“Our experience in both
power generation and distribution gives us the capability to provide solutions
to the needs of our customers. We are happy to be part of the meat-processing
industry and to support them as they set out for more growth in the next
years,” Lacson said.
AboitizPower has one of
the widest portfolios of energy sources in the country coming from its
renewable power facilities—geothermal, large hydro, run-of-river hydro and
solar power plants.
The company also
operates a number of coal power plants for baseload capacity and oil-fired
power plants for reliable peaking supply.
Pampi and its more than
50 company members account for more than P300 billion in revenues, and provide
direct and indirect jobs to more than 300,000 Filipinos.
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