Published May 25, 2021, 4:01 PM
Ayala-led AC Energy Corporation will be supplying a renewable energy-generated electricity to consumer-goods firm Pacific Synergy for its manufacturing facility in Laguna.
In a statement to the media, AC Energy specified that in the supply agreement inked by the parties, the Ayala firm will be supplying the electricity needs of Pacific Synergy during peak hours – and that could be about 28,913-megawatt hours (MWhs) that will all be generated from renewable energy sources, chiefly from solar, wind and geothermal power plants.
The duration of the contract will be two years, and Pacific Synergy’s deal with the Ayala company serves as its first renewable energy purchase to satiate the electricity requirements of its operations.
AC Energy (ACEN) announced that it has signed an agreement with Pacific Synergy, a fast moving consumer goods company, to provide its Laguna plant facility with..
BusinessWorld
May 25, 2021 | 12:02 am
ACENERGY.COM.PH
AYALA-LED AC Energy Corp. said on Monday that it had committed to supply over 28,900 megawatt-hours of renewable energy (RE) to the Laguna-based plant of consumer goods firm Pacific Synergy Food & Beverage Corp.
Under the deal, AC Energy will provide 100% RE to support Pacific Synergyâs plant during its peak operating hours for the next two years. The Ayala Corp. unitâs supply will come from its wind, solar and geothermal portfolios, the firm said in a press release.
The agreement will help eliminate an estimated 1,500 tons of carbon dioxide equivalent for the duration of the deal, which translates into offsetting the emissions of over 320 cars per year, AC Energy said.