Citicore gets new client | Inquirer Business

Citicore gets new client

/ 04:45 AM November 03, 2020

Citicore Power Inc. has added Bench Tower at Bonifacio Global City (BGC) in Taguig City to its roster of clients, having started delivery of electricity generated from the company’s renewable energy facilities last Oct. 26.

According to Citicore, the homegrown fashion brand’s switch to renewable energy is in line with the numerous green initiatives already implemented in Bench’s headquarters as well as tenants in their 22-storey commercial building.

One of the first green buildings within BGC, Bench Tower is LEED Certified for Gold Standard, incorporating in the design a rain collector for water recycling, virtual garden wall, green pockets and appropriately oriented glass windows that allow natural lighting to penetrate.

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LEED or Leadership in Energy and Environmental Design is a globally used certification standard for green buildings.

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“We thank Bench for entrusting us their power needs and are delighted to partner with them in advocating corporate sustainability” Citicore president Oliver Tan said in a joint statement.

Bryan Lim, Bench vice president for business development, lauded Citicore Power for its “wide menu of energy solutions that address the evolving energy demand of customers and for working with their clients closely to help them reduce electricity cost.”

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Citicore provides power supply through an agreement between its retail electricity supply arm Citicore Energy Solutions Inc. (Cesi) and Ground 18 Realty Corp., on behalf of Bench.

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Since securing a retail supply license from the Energy Regulatory Commission in January 2017, Cesi has been providing power to customers with a total demand of up to 55 megawatts.

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Citicore owns and operates eight solar farms located across the country, including an 18-megawatt solar farm in Mariveles, Bataan province, which supplies electricity to customers in the Luzon grid.

—Ronnel W. Domingo

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TAGS: bench tower, Citicore Power Inc, renewable energy

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