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Philippines
Thursday, March 28, 2024

GBPC, Robinsons renew power deal

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Global Business Power Corp. said retail energy arm Global Energy Supply Corp. renewed its power supply agreement with Robinsons Land Corp. under the retail competition and open access scheme. 

The agreement renewed GBPC and RLC’s retail supply contract last year and expanded the supply agreement to 26 megawatts from the previous 22 MW. The contract covers Robinsons malls and Universal Robina Corp. factories in Bacolod, Tacloban, Roxas, Iloilo and Cebu.

RCOA is a provision under the Electric Power Industry Reform Act that allows “contestable customers”, or those whose peak demand fall within a set contestability, to freely choose their electricity supplier. 

RCOA allows large power users with a capacity of one megawatt to choose their own supplier.

“This partnership harnesses various synergies and builds on our respective strengths to accelerate growth not just in the Visayas, but ultimately, the entire country,” said GBPC president Jaime Azurin. 

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Azurin said GBPC aimed to become a total sustainable energy solutions provider and offer more flexibility to customers.

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