First Gen supplies RE-based power to Ali Mall

Published May 10, 2021, 4:17 PM
Lopez-led First Gen Corporation has cornered another property developer client on its supply of renewable energy (RE) – and its customer this time is Ali Mall in Quezon City of the Araneta group.
In a statement to the media, the Lopez firm noted that power supply agreement  (PSA) was cemented between Araneta City Inc. (ACI), which is the property development arm of the Araneta Group; and that of BacMan Geothermal Inc. (BGI), a wholly owned subsidiary of First Gen.
In that supply deal, the Lopez firm will have to deliver 2.1 megawatts of power to the Ali Mall property of the Araneta company. The price of the power offtake agreement had not been disclosed by the parties.

Related Keywords

Philippines ,Filipinos ,Carlo Vega ,John Castelo ,Bacman Geothermal Inc ,Energy Regulatory Commission ,Araneta City Inc ,Araneta Group ,First Gen Hydro Power Corporation ,First Gen Corporation ,Business Development ,Lopez Led First Gen Corporation ,Aali Mall ,Quezon City ,Araneta City ,First Gen ,Energy Regulatory ,Araneta Owned Ali Mall ,பிலிப்பைன்ஸ் ,ஜான் காஸ்டெலோ ,ஆற்றல் ஒழுங்குமுறை தரகு ,முதல் கேன் ஹைட்ரோ பவர் நிறுவனம் ,முதல் கேன் நிறுவனம் ,வணிக வளர்ச்சி ,லோபஸ் வழிநடத்தியது முதல் கேன் நிறுவனம் ,அலி மால் ,கயீஸந் நகரம் ,முதல் கேன் ,ஆற்றல் ஒழுங்குமுறை ,