MPower, the local retail electricity supplier of Manuel V. Pangilinan-led Manila Electric Company (Meralco), has partnered with DM Wenceslao Group (DMWAI) for renewable energy supply to power the latter’s properties in Parañaque City.
The recently signed retail supply agreement covers the power supply requirements of establishments under D.M. Wenceslao Group’s wholly owned subsidiary, Aseana Holdings Inc. (AHI).
This undertaking marks a significant development for D.M. Wenceslao Group which is committed to incorporating sustainable practices into its real estate developments by ensuring that their projects not only meet the demands of modern living but also contribute positively to the environment.
Tapping MPower for supply requirements also aligns well with the company’s goal to source 100% of its properties’ power needs from renewable energy in support of global efforts to reduce carbon emissions and promote cleaner energy alternatives.
“We are grateful to have MPower as our trusted partner. Their commitment and expertise ensure that our office buildings and mixed-use developments will benefit from clean and renewable energy,” said Delfin Angelo Wenceslao, CEO and President of DMWAI.
For both MPower and D.M. Wenceslao Group, this also sets a precedent for similar collaborations in the industry, highlighting the growing importance of sustainable practices in property management and development.
“MPower is proud to be with the DM Wenceslao Group in enabling a greener future for everyone. We remain committed to expanding our renewable energy sources and pushing for sustainable economic growth in the Philippines,” First Vice President and MPower Head Redel Domingo said.
The partnership between MPower and DMWAI began in 2019 and continues to grow as the latter’s properties meet the 500-kilowatt threshold under the Retail Competition and Open Access (RCOA) program in the Philippines. The program allows large load consumers to select their electricity supplier according to their unique preferences.
