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Wednesday, May 1, 2024

Shell Energy, LT Group sign renewable power deal

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Shell Energy Philippines Inc. said Friday it forged partnerships with various companies within the Lucio Tan Group of Companies to power their operations with renewable energy.

SEPH said the collaborations with PMFTC Inc., Asia Brewery Inc., and Lufthansa Technik Philippines, a joint venture with Lufthansa Technik AG, signal its expansion in supplying alternative sources of energy to major industries.

“Establishing strategic partnerships with the Lucio Tan Group of Companies is an opportunity for both our organizations to be on the frontline in building up the renewable power business on a national and global scale,” SEPH general manager and president Bernd Krukenberg said.

SEPH is a retail electricity supplier under the Shell companies in the Philippines that offer competitive and environment-friendly energy solutions to industrial and commercial customers.

The company will supply 15 megawatts of RE to ABI’s manufacturing facilities in Luzon aimed at reducing the beverage firm’s carbon footprint.

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