MGEN, EvoEnergi ink power supply deals

MERALCO PowerGen Corp. (MGEN) entered two power supply agreements (PSAs) with EvoEnergi Inc., a newly licensed retail electricity supplier (RES), supporting the delivery of both conventional and renewable energy to contestable customers. This reflected shared commitment to advancing energy reliability and sustainability through strategic partnerships within the competitive retail electricity market.

The PSAs were signed through MGEN’s thermal and renewable energy arms: MThermal and MGreen. These will aim to provide EvoEnergi with a diverse mix of energy sources for their clients at a competitive offer. Under the agreements, MGEN’s business units would supply energy that’s sufficient to serve 62,000 households from both renewable and thermal sources.

“This partnership with EvoEnergi reflects the strength of MGEN’s diversified energy portfolio. By combining conventional and renewable sources, we are helping meet the evolving needs of the retail electricity market while supporting the country’s transition to a cleaner and more secure energy future,” MGEN President and CEO Emmanuel Rubio said.

THUMBS UP FOR CLEAN ENERGY In photo are MThermal President and CEO Jaime Azurin, MGreen President and CEO Dennis Jordan, MGEN President and CEO Emmanuel Rubio, Meralco Chairman Manuel Pangilinan, President and CEO of D&L Industries Inc​. Alvin Lao, and EvoEnergi President Julian Lao. PHOTO FROM MGEN

EvoEnergi, an affiliate of D&L Industries Inc. — a publicly listed company engaged in the product customization, development and specialization for the food, chemicals, plastics and consumer products ODM industries — entered the energy market with a strong industrial heritage and a forward-looking approach to sustainability. As MGEN expands its diversified energy portfolio, it remains committed to enabling the growth of emerging RES providers and helping shape an energy future where all Filipinos have access to reliable, affordable and sustainable power.