Colours Town Center, a mixed-use commercial destination in Las Piñas City owned and developed by retail and general merchandise firm Kyleson Inc., tapped Lopez-owned First Gen Corp. for 600 kilowatts of clean energy supply.
Under the agreement finalized by both companies on Nov. 14, 2024, First Gen will supply Colours Town Center with electricity from the Pantabangan-Casecnan hydroelectric power plant complexes in Nueva Ecija, one of the clean and renewable energy facilities owned and operated by First Gen.
“With Kyleson choosing their own power supplier, they can secure their own electricity at lower rates. On top of this, Colours Town Center will be powered with clean, renewable hydroelectric power, drastically reducing the carbon footprint from the mall’s operations. We are keen to serve Kyleson better and help them progress with their businesses towards their decabonization journey,” First Gen vice president for power marketing, trading and economics Carlo Vega said in a statement.
The agreement marks the first supply deal Kyleson signed since it qualified in October 2024 to join the Retail Competition and Open Access (RCOA) program.
RCOA is a government program that enables qualified electricity customers with a monthly peak demand of at least 500 kW over the preceding 12 months to choose their own power suppliers.
“We’re very excited for our partnership with First Gen. This is a big step for us in helping the environment, having renewable energy, and we look forward to many more years of being partners,“ said Kingson Chan, Kyleson corporate secretary.
Aside from retail shops, entertainment establishments and restaurants, the Colours Town Center houses a Regus flexible workspace and office center.
First Gen is the country’s largest producer of renewable energy (RE), with 1,651 megawatts (MW) of installed capacity from its 28 solar, wind, hydro and geothermal power plants across the Philippines
First Gen also owns and operates four other power plants that run on natural gas, which serves as transition fuel for a decarbonized future. These First Gen portfolio of power plants, with 3,668 MW of combined capacity, help assure the country’s energy security.
