The Alsons Power Group has signed its first retail electricity supply (RES) agreement with Holcim Philippines, Inc., a leading provider of innovative and sustainable building materials in the country.
Under the terms of the partnership, Alsons Power will supply 80% of the energy needs of Holcim’s facilities in Davao and Lugait, Misamis Oriental.
“We are confident that our partnership with Alsons Power will help us achieve our business goals and sustainability aspirations. Partnering with Alsons Power is the right choice given its strong and trusted reputation for providing reliable and affordable electricity in its three decades in the energy industry,” said Holcim Philippines Senior Vice President and Head of Supply Chain Edwin Villas.
Alsons Power, through its subsidiary Alsons Power Supply Corporation, has officially entered the Retail Competition and Open Access (RCOA) market following the program’s launch in Mindanao earlier this year.
The entry marks a significant milestone for Alsons, allowing them to offer tailored power supply solutions to various customers.
Antonio Miguel B. Alcantara, CEO of Alsons Power, expressed his enthusiasm for the partnership.
“We are delighted to announce Holcim Philippines as our inaugural partner for our retail electricity supply service. Leveraging our extensive expertise and robust power portfolio, we are fully committed to powering Holcim Philippines as they continue to advance the country’s progress through their world-class construction and building solutions. This partnership with Holcim marks a great start for our RES business. We are eager to provide a reliable and affordable power supply to other industries and businesses as we continue to grow our RES portfolio.”
The Alcantara Group’s relationship with Holcim dates back to 1968, beginning with a partnership in the cement industry.
In 1998, Alsons Power entered into a power supply arrangement with Holcim’s cement plant in Vietnam and provided emergency power supply to Holcim’s Lugait and Davao plants in 2013.
With its successful RES deal with Holcim Philippines, Alsons Power looks forward to collaborating with other industry players, particularly in the Visayas region, where a power supply shortage is forecasted for next year.
Alsons Power operates four power facilities with a combined capacity of 468 megawatts, serving over eight million people in the Southern Philippines.
The Group is also expanding its renewable energy portfolio, with several solar and hydropower projects in development.
Currently, Alsons Power is gearing up for the commercial launch of its first renewable energy project—the 14.5-megawatt Siguil Hydro Power Plant in Maasim, Sarangani.
