Aboitiz Power wins deal with food firms

Four of the largest members of the Philippine Association of Meat Processors Inc. on Thursday signed power supply agreements with Aboitiz Power Corp. to support their operations.

Aboitiz Power said Foodsphere Inc. (CDO), Virginia Food Inc., LIIP Food Processors Inc. (Century Pacific) and GenOSI (McDonald’s) signed up for a combined 12 megawatts of capacity supply from retail electricity suppliers Advent Energy and Aboitiz Energy Solutions.

Foodsphere president Jerome Ong said his company signed up with Aboitiz Power because the latter was one of the most experienced energy retailers in the market.

Four of the largest members of the Philippine Association of Meat Processors Inc. sign up with Aboitiz Power Corp.’s retail electricity suppliers to support their operations.  Shown during the signing of the power supply agreements at Seda Hotel in Fort Bonifacio, Taguig are (from left) Aboitiz Power executive vice president for energy trading and sales Rochel Donato Gloria, Virginia Food Inc. president Felix Tiukinhoy, Aboitiz Power executive vice president and chief operating officer for corporate business group Luis Miguel Aboitiz, Foodsphere Inc. president  Jerome Ong, Therma Luzon Inc. president and chief operating officer Sebastian Arsenio Lacson and Century Pacific vice president and general manager Rex Agarrado. Lino Santos
“We chose AboitizPower because of their cost-effective energy rates that would result to optimum savings for our company. Their being one of the most experienced and reputable energy source was another deciding factor. They have a very responsive and technically competent team that always provides superior after-sales support,” he said.

Aboitiz Power executive vice president and chief operating officer for corporate services Luis Miguel Aboitiz said in a statement the group was looking forward to a stronger partnership with its new customers and Pampi as an organization.

“We are proud to be partners with an industry that is basically woven into the Filipino lifestyle and an industry that employs a lot of Filipinos,” Aboitiz said.

Aboitiz Power chief operations officer for coal group Sebastian Lacson said  the company’s biggest advantage was its diverse portfolio, which gave it the ability to respond to the needs of the customers while maintaining a competitive price.

“Our experience in both power generation and distribution gives us the capability to provide solutions to the needs of our customers. We are happy to be part of the meat processing industry and to support them as they set out for more growth in the next years,” Lacson said.

Virginia Food president Felix Tiukinhoy said competitive power rates wouldl allow companies to better manage costs.

“Because of the very competitive rate that Aboitz Power offered, we are able to have predictable power cost over time. Also, we are banking on their reputation as a reliable and dependable energy company and that they will deliver on their promise,” Tiukinhoy, who is also the Pampi president, said.

Topics: Philippine Association of Meat Processors Inc. , Aboitiz Power Corp. , power supply agreements
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