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Tuesday, May 7, 2024

Real estate firms tap Meralco units for power, Internet

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Manila Electric Co. (Meralco) said Tuesday its subsidiaries worked with real estate firms Mirax and Rima Corp. for solar energy and internet connectivity solutions as part of its sustainability commitment.

Mirax and Rima are realty companies engaged in property development. Its projects include two warehouses and five commercial and residential buildings in Taguig City and three high-rise commercial buildings in Makati City.

MSpectrum Inc., the solar company of Meralco, turned over a 32-kilowatt peak (kWp) solar panel system with a battery energy storage to Rima to power its Taguig Warehouse 1 that will reduce its carbon footprint by 30 tons, equivalent to 1,350 mature trees planted.

“We strive to be the renewable energy solution provider of choice in making sure that our customers benefit from efficient, reliable, and safe solar installations, the latest, and most up-to-date solar technology, and international reach—the likes of which Mirax and Rima has already achieved,” said MSpectrum commercial services head Rodolfo Lim.

MSpectrum offers tailor-fit solutions for industrial, commercial, and residential customers through an in-depth understanding of energy consumption behaviors and strategic partnerships with world-class technology partners.

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Meanwhile, Meralco subsidiary Radius Telecoms Inc., an end-to-end full fiber optic network provider, rolled out 100-MB bandwidth internet connectivity to the 10-story commercial and residential building Mirax Tower 1 in Makati City.

Radius delivers its services on an end-to-end full fiber optic network and continuously collaborates with partners and customers to create various technological and practical solutions for effective communication. It offers a fiber broadband service under Red Fiber.

“Any future technologies you want to install in your facilities will be served by the fiber connectivity and innovative solutions that Radius provides. Through this partnership, we commit our support for Mirax’s endeavor to build future-proof and sustainable buildings,” Radius vice president and OIC chief operating officer Alfredo Solis Jr. said.

Mirax and Rima are realty companies engaged in property development. It owns two warehouses and five commercial and residential buildings in Taguig City and three high-rise commercial buildings in Makati City.

Mirax and Rima director Robert Mirani said the partnership with Meralco aims to provide connectivity of both power and telecom requirements, with the effort and assistance of subsidiaries MSpectrum and Radius.

“The connectivity enables our companies to attain completion timelines with full satisfaction to all company valued clients. This partnership of Mirax and Rima with Meralco will continue and will serve as an ideal model to all companies engaging in the development of the types of properties you’re seeing today,” Mirani said.

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