Aboitiz, Nueva Ecija co-op ink renewable energy agreement

ABOITIZ Power Corp. has inked a contract with Nueva Ecija II Electric Cooperative Inc. (Neeco II) to supply the latter with 33 megawatts (MW) of renewable energy (RE).

Cleanergy, AboitizPower’s brand for clean and RE, will be delivered to Neeco II-Area 1, which includes the towns of Talavera, Lupao, Carranglan, Aliaga, Quezon, Licab, Santo Domingo, Muñoz, Guimba and Talugtug.

The 33 MW represents 80 percent of the peak demand of Neeco II’s service area.

Neeco II-Area 1 Board President Reynaldo V. Villanueva said the decision to shift to RE is a key milestone for the cooperative, which was established in 1975 and has since sourced its energy requirements from nonrenewables.

“We consider our Cleanergy partnership with AboitizPower as a major accomplishment because we have been using nonrenewable energy since we started operations 40 years ago,” Villanueva said.

“But we wanted to explore other energy options to maximize benefit to our customers, and at the same time, minimize impact on the environment,” he added. “So we looked at several power companies and in terms of track record, capacity and customer service, AboitizPower emerged as our power partner of choice.”

Neeco II-Area 1 is the third electric cooperative in Luzon to use Cleanergy for its customers. However, AboitizPower has been providing clean and RE for 40 years now from its portfolio of hydro, geothermal and solar-power plants, which are strategically located all over the Philippines.

AboitizPower and its partners produce more than 1,200 MW of clean and RE  from 30 power plants.

Early this year, eight electric cooperatives in Mindanao have also contracted a total of 45 MW of Cleanergy, adding to AboitizPower. The company added that the fast-growing Cleanergy clientele also includes some of the most sustainable organizations in the country.

Luis Miguel Aboitiz, EVP and COO of AboitizPower Corporate Business Group, said the company “continuously strives to address the increasing demand for RE.”

“The Cleanergy brand is our solution to the growing demand for RE in the country,” he was quoted in a statement as saying.


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