Gokongwei Group, MPower sign electricity supply contracts

The retail electricity supply unit of Manila Electric Company (Meralco), MPower, has expanded its partnership with the Gokongwei Group, securing renewed contracts to power most of the latter’s major facilities in Luzon, according to a report by Manila Bulletin.

In a statement on June 23, the Meralco unit said the renewed agreement, which builds on a collaboration that began in 2013, will see MPower supply electricity to an expanded list of Gokongwei Group companies.

These include flagship conglomerate JG Summit companies such as Robinsons Land Corp., Cebu Pacific, Universal Robina Corp., JG Summit Olefins Corp., and RL Commercial REIT, Inc.

Additionally, Robinsons Supermarket Corp., under Robinsons Retail Holdings, Inc., is now also covered by the deal.

The partnership ensures a continued, reliable, competitive, and sustainable power supply for these crucial operations.

Lance Y. Gokongwei, President and CEO of JG Summit Holdings, said that the agreement goes beyond securing a reliable power supply – it represents our collective commitment to sustainability and innovation.

He added that with MPower as a partner, the Gokongwei Group is able to integrate a 60 percent renewable energy solution into our operations, noting this as a meaningful step forward in our journey to reduce our environmental impact while continuing to serve Filipino communities through our businesses.”

Meralco Chairman and CEO Manuel V. Pangilinan noted that the two groups have shared more than just business interests over the years—we’ve shared a deep commitment to nation-building, innovation, and service to the Filipino people.

He added that through all the changes, one conviction has remained constant: that companies like ours must do more than generate value – we must create impact.

Pangilinan concluded that this partnership reflects that shared purpose as we work together to empower communities and contribute to a stronger, more sustainable Philippines.”