The retail electricity arm of Philippine conglomerate Ayala Group’s ACEN Corp (PSE:ACEN) has clinched a deal with Zuellig Pharma to provide the Asian healthcare services provider with renewable power in the Philippines.
The agreement will see ACEN Renewable Energy Solutions (ACEN RES) supply its client with 100% green power for its two distribution centres in Laguna province, the electricity retailer said on Monday. The contracted electricity volumes will help each of the Santa Rosa and Canlubang facilities lower their carbon footprint by 10,600 tonnes annually.
Subscribe for Renewables Now’s Corporate PPA Newsletter here for free!
The deal with Zuellig Pharma was facilitated by the Department of Energy’s Retail Competition and Open Access program, which allows end-users with high power consumption to choose their electricity suppliers. The power will be sourced from ACEN’s wind and solar parks.
“The switch to renewable energy for two key distribution facilities in the Philippines is an important milestone for us, as we work towards reducing our impact on the environment and our carbon footprint across our operations and supply chains,” said Jannette Jakosalem, market managing director Zuellig Pharma Philippines.
ACEN currently has about 4.5 GW of attributable capacity in the Philippines, Australia, Vietnam, Indonesia and India and is targeting at 20-GW by end-2030, of which 8 GW in its home country.
