Supply agreement

Aboitiz Power Corp.’s retail electricity entities Adventenergy Inc. and AP Renewables Inc. sign a power supply agreement with Nexif Ratch Energy Investments Pte. Ltd. for the supply of clean solar energy. The electricity supply will be sourced from the 74-megawatt-peak solar project of Nexif Ratch in Calabanga, Camarines Sur once it is completed by the second quarter of 2024. Signing the agreement are (from left) AboitizPower senior vice president Sandro Aboitiz, Calabanga Renewable Energy president Nicolo Subido and AboitizPower first vice president James Yu.