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Thursday, May 23, 2024

Citicore secures deal to power Bench Tower

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Citicore Power Inc. said over the weekend it started supplying clean energy to Bench Tower in Fort Bonifacio, Taguig City on Oct. 26.

The headquarters of the popular homegrown clothing brand is the newest addition to Citicore’s growing list of clients.

“We thank Bench for entrusting us their power needs, We are delighted to partner with Bench in advocating corporate sustainability,” Citicore president Oliver Tan said in a statement.

Ground 18 Realty Corp. signed the supply agreement for Bench with Citicore’s retail electricity supply arm Citicore Energy Solutions Inc. 

CESI provides clean energy solutions under the retail competition and open access  program where large electricity consumers with an average monthly peak demand of at least one megawatt can apply to become a contestable customer in order to have the ability to choose its own electricity supplier.

“Retail energy supply is definitely being recognized now in many industrial and commercial facilities as this enables them to choose their own electricity providers that can support their companies’ economic and sustainability goals.  And we see more opportunities in the retail market to further push renewable energy development,” Tan said.

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