In line with its commitment to energizing businesses and supporting national economic growth, Vantage Energy, an affiliate retail electricity supplier (RES) of Manuel V. Pangilinan-led Manila Electric Company (Meralco), is set to power 35 key properties of the Gokongwei Group across the country.
The recently signed Retail Electricity Supply Agreement (RESA) covers properties of Robinsons Land Corporation, Robinsons Supermarket Corporation, and Universal Robina Corporation (URC).
Robinsons Land is the real estate arm of JG Summit Holdings, Inc., the flagship conglomerate of the Gokongwei Group, with developments spanning residential, commercial, office, and hospitality sectors. URC, another JG Summit subsidiary, is one of the country’s leading food and beverage
companies with a strong presence in key ASEAN markets, while Robinson Retails Holdings, Inc. subsidiary Robinsons Supermarkets operates a nationwide supermarket chain.
With a portion of the power supply from Vantage Energy coming from renewable energy, JG Summit President and Chief Executive Officer Lance Y. Gokongwei says the partnership plays a crucial role in supporting the sustainable operations of the group’s key business pillars.
“This commitment to renewable energy empowers the Gokongwei Group to wholeheartedly pursue our sustainability targets, knowing that we have strong, forward-thinking partners aligned with our environmental stewardship goals,” Gokongwei said during the ceremonial signing.
Vantage Energy, a wholly owned RES of Meralco, delivers reliable and competitive power supply to contestable customers beyond the power distributor’s franchise area.
“Our partnership spans over half a decade now with contestable properties recently added – some of which are already transitioning to renewable energy supply. This expansion reflects our aligned commitment to transforming shared values into meaningful, measurable progress toward a sustainable future,” said Vantage Energy President Ernesto M. Cabral.
Beyond the scope if its energy agreements, Vantage Energy’s partnerships extend to bringing valuable impact to Filipino communities through corporate social responsibility initiatives.
