ACEN to supply renewable energy to Zuellig
MANILA -The retail electricity arm of Ayala-led ACEN Corp. has agreed to supply health-care firm Zuellig Pharma Corp. with renewable energy in a bid to lower carbon emissions at its two distribution centers.
ACEN Renewable Energy Solutions (ACEN RES) will provide clean energy through its wind and solar facilities to Zuellig’s Santa Rosa and Canlubang distribution centers in Laguna province, the company said on Monday.
The shift to 100-percent renewable energy is expected to reduce Zuellig’s carbon dioxide emissions by 10,600 tons annually.
“ACEN is thrilled to join forces with Zuellig Pharma, a company that shares our robust commitment to sustainability. We are proud to support Zuellig Pharma by powering their operations with clean, renewable energy,” said Miguel de Jesus, ACEN chief operating officer for Philippine operations.
According to ACEN, the listed energy platform of the Ayala group, the partnership falls under the Department of Energy’s Retail Competition and Open Access program that allows end-users with high power consumption to choose their electricity suppliers.
The partnership with Zuellig expands ACEN RES’ client sectors to include pharmaceutical companies. Its other client segments include educational institutions, industrial plants and office buildings.
ACEN currently has 4,500 megawatts of capacity from locally and internationally owned facilities, including Australia, Vietnam, Indonesia and India. The company aims to increase this to 20 gigawatts by 2030 in line with its ‘net-zero’ emission goal.
Earlier this year, ACEN president and chief executive John Eric Francia said they would earmark P70 billion in capital expenditures to accelerate the development of their renewable energy projects.