MPower, the local retail electricity supplier of Manuel V. Pangilinan-led Manila Electric Company (Meralco), has enabled the transition of Allegro Microsystems Philippines Inc. (Allegro) to sustainable operations through a renewed Retail Electricity Supply Agreement.
Allegro, which operates in Parañaque City, will now source 100% renewable energy supply from MPower under the new terms of their partnership.
The strengthened partnership between MPower and Allegro, which spans over a decade, represents a significant step toward advancing Allegro’s sustainability goals ahead of schedule.
Allegro Senior Director Controller Ronald Dela Rosa extended his gratitude to MPower “for a resilient and enduring partnership over the past 12 years.”
“Together, we’ve weathered periods of both stability and disruption with unwavering alignment and mutual trust. MPower has enabled us to achieve our five-year sustainability target early, accelerating our timeline. This marks a major milestone in our advocacy and stand to lead a more responsible semiconductor manufacturing,” he said.
The renewed partnership is expected to deliver measurable environmental benefits, including a significant reduction in carbon emissions, while also aligning with global and local best practices for efficient energy use, which MPower proactively promotes.
“MPower’s provision of 100% renewable energy has enabled Allegro to realize its 2030 sustainability target at its manufacturing sites ahead of schedule. This success highlights the strength of our partnership and our shared commitment to clean energy transformation,” First Vice President and Head of MPower Redel M. Domingo said.
