Bilyonaryo
Cathay Land Inc. has partnered with COREnergy, a leading retail electricity supplier in the Philippines, to consolidate 46 connection points across its industrial and residential portfolio, enabling the company to access the government’s competitive power market through a streamlined, portfolio-wide approach.
Through the agreement, Cathay Land is able to pool smaller electricity loads across multiple properties under the Energy Regulatory Commission’s retail aggregation initiative, helping the developer meet contestability requirements and move away from managing each site as a separate account.
The result is more coordinated utility planning, centralized power procurement, and greater flexibility in managing electricity costs across a diversified real estate footprint.
COREnergy supports customers not only with supply solutions, but also with hands-on guidance through the technical and regulatory requirements of aggregation.
As COREnergy’s leadership noted, the goal is to make the power of choice accessible even for businesses whose operations are spread across multiple meters and locations, so energy decisions can align with how the business actually runs.
Links:
Bilyonaryo | Tribune | Power Philippines - LinkedIn | BusinessWorld | Manila Standard | Cavite News Today - Facebook | Philstar | Sunstar
