Gokongwei Group renews partnership with Meralco for reliable and sustainable power needs
MPower, the local retail electricity supply (RES) unit of Manila Electric Company (Meralco), and the Gokongwei Group have reaffirmed their long-standing partnership through a renewed RES contract, further entrusting the power needs of most of the latter’s major facilities across Luzon to one of the country’s leading retail suppliers.
Under the new contract, MPower will now power an expanded list of Gokongwei Group companies from its flagship conglomerate JG Summit companies, namely Robinsons Land Corporation, Cebu Pacific, Universal Robina Corporation, JG Summit Olefins Corporation, and RL Commercial REIT, Inc. Also covered under the deal is Robinsons Supermarket Corporation, the supermarket chain under Robinsons Retail Holdings, Inc.
The contract renewal ensures that these major operations will continue to be powered reliably, competitively, and sustainably.
“This agreement goes beyond securing a reliable power supply – it represents our collective commitment to sustainability and innovation. With MPower as our partner, we are able to integrate a 60% renewable energy solution into our operations. This is a meaningful step forward in our journey to reduce our environmental impact while continuing to serve Filipino communities through our businesses,” said Lance Y. Gokongwei, President and CEO of JG Summit Holdings.
This significant milestone cements the continuing collaboration that 2013, when MPower first started supplying electricity to key companies under JG Summit. Over a decade later, this renewed agreement solidifies not only the trust and reliability that have defined the relationship but also the shared commitment to sustainable and efficient energy solutions.
“Our two groups have shared more than just business interests over the years—we’ve shared a deep commitment to nation-building, innovation, and service to the Filipino people. Through all the changes, one conviction has remained constant: that companies like ours must do more than generate value – we must create impact,” said Meralco Chairman and CEO Manuel V. Pangilinan.
“This partnership with JG Summit Holdings, through MPower, reflects that shared purpose as we work together to empower communities and contribute to a stronger, more sustainable Philippines,” Pangilinan concluded.
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