First Gen bags power supply deal for four Megaworld projects
By TED CORDERO, GMA News
Published April 21, 2021 11:53pm
Lopez-led renewable energy firm First Gen Corp. has been tapped by property giant Megaworld Corp. to supply “clean and renewable” energy to four of its upscale township and office tower projects in Taguig City.
Citing the agreement finalized by the two companies, First Gen said it has committed to supply Megaworld with 6.17 megawatts (MW) of geothermal power for Uptown Place Towers 1, 2, and 3; and to Alliance Global Tower, which houses the headquarters of Megaworld parent firm Alliance Global Inc. (AGI) as well as its subsidiaries.