By BusinessMirror
- June 7, 2019
ABOITIZ Power Corp.
(Aboitiz Power is now supplying 18.8 megawatts (MW) of power to 13 outlets of
community shopping leader WalterMart.
Under the third
contract, AboitizPower will supply WalterMart an additional 9.1 MW
of electricity to four more of its facilities in Luzon.
The WalterMart Group
first tapped AboitizPower in 2017 to deliver 4.7 MW of power supply to four
facilities. A second contract was signed in 2018 to deliver another 5 MW to
five more facilities.
The contract extension
signed on May 31 allows AboitizPower to deliver around 19 MW of electricity to
13 of WalterMart’s 25 outlets all over Luzon until 2021.
“We have been partners
with AboitizPower for more than two years now, and we have seen their expertise
and capacity to meet our requirements and help us deliver on our promise of
convenient shopping for our valued customers every day,” WM Shopping Center
Management Inc. (WMSCMI) Chairman Abraham Uy said.
AboitizPower currently
supplies energy to WalterMart facilities in Makati, Dasmariñas, Carmona,
Tanauan, Balayan, Bel-Air Santa Rosa, Santa Rosa, Makati 2, San
Fernando, North Edsa, Santa Maria, Ascott BGC and WMall.
The chain currently has
29 community malls strategically located in Batangas, Laguna, Cavite, Metro
Manila, Bulacan, Pampanga and Nueva Ecija.
“What we offer our
customers is not just reliable and cost-efficient power supply. We also ensure
the quality of service remains consistent long after the contract has been
signed. In support of WalterMart’s desire to continue providing Filipino
families a convenient shopping experience, AboitizPower “promises to
provide reliable, reasonable and responsible power supply to most of their
facilities in Luzon,” said Sandro A. Aboitiz, AboitizPower first vice
president for Energy Trading and Sales.
Meanwhile, SN
Aboitiz Power (SNAP) and the municipal government of Lamut signed a
framework agreement for the proposed Alimit Hydropower Complex.
The agreement outlines
the cooperation, collaboration and obligations between and among SNAP as
project proponent and the municipalities as hosts during the development and
operation phase of the project.
The first phase of
the project entails the construction of the 120-megawatt Alimit plant and
the 20-MW Olilicon plant. The capital outlay for this phase is expected to
be between $450 million to $550 million. The second phase of the complex
includes the 250-MW Alimit pumped storage facility.
“We believe that
meaningful collaboration with our stakeholders and communities can
help propel our country toward a more energy-secure future,” SN Aboitiz
Power President and CEO Joseph S. Yu said. “We are thankful for the support and
trust that the concerned local government units of Ifugao have extended to SNAP
and the Alimit Project.”
SNAP is a joint venture
of SN Power of Norway and AboitizPower. It owns and operates the 360-MW to
388-MW Magat hydro on the border of Isabela and Ifugao; the 8.5-MW Maris hydro
in Isabela; the 105-MW Ambuklao hydro in Benguet; and the 140-MW Binga hydro
also in Benguet.
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