Mpower, CVC Asia push for smarter energy choices

In a strategic move toward cleaner, more cost-efficient power, MPower, the retail electricity supplier of Meralco, has reinforced its partnership with CVC Asia to bring more of the latter’s businesses into the Competitive Retail Electricity Market (CREM) and the Retail Aggregation Program (RAP).

The partnership now includes the renewal of existing contracts and the onboarding of new accounts, a sign of MPower’s continued push to help businesses gain better control over their electricity sourcing.

CVC Asia, the private equity strategy arm of global investment firm CVC, holds investments in companies operating across essential sectors. These include Southeast Asia Retail Inc., which runs Landers Superstore; Professional Services Inc., which owns and operates The Medical City (TMC); and FAST Logistics Group.

Thanks to the agreement, Landers Superstore branches in Alabang, Arca South, Arcovia, Balintawak, Nuvali, Fairview, and Otis Manila are now enrolled in CREM and RAP. This shift allows the retailer to tap into aggregated energy sourcing for more competitive electricity rates, greater flexibility, and long-term sustainability.

Meanwhile, FAST Cold Chain Solutions Inc., part of FAST Logistics Group, transitioned its cold chain facility in Cavite into the CREM. The move is expected to help reduce emissions related to electricity use and supports the group’s broader environmental targets.

In the healthcare sector, The Medical City renewed its long-standing partnership with MPower. The facility in Pasig City will continue to benefit from a stable electricity supply, essential to maintaining its world-class operations in wellness, cardiovascular health, cancer treatment, and regenerative medicine. TMC hospitals in Ortigas and South Luzon will also gain access to renewable energy under the updated agreement.

“We’re grateful to the MPOWER team and to our portfolio companies for embracing this initiative,” said Brice Cu, Senior Managing Director and Country Head of the Philippines at CVC. “This collaboration is a clear example of how we actively partner with our investee companies to unlock tangible, long-term value. By connecting them to more competitive and sustainable electricity solutions, we’re not only reducing operating costs — we’re also helping build more resilient, future ready businesses. At CVC, this is how we invest: with conviction, partnership, and a focus on performance.”

Through CREM, electricity users with at least 500 kilowatts of demand may choose their power supplier. RAP enables smaller consumers to aggregate their energy demand to meet the required threshold, allowing them the same freedom of choice.

"This partnership is not only a significant milestone for our organizations, but also a strong testament to your group's forward-thinking leadership” said Meralco First Vice President and Head of MPower Redel M. Domingo.

"The RAP revolution empowers electricity consumers with unprecedented freedom to choose their energy providers and participate in the energy market despite below the prevailing RCOA threshold. This is the very essence of ERC’s Customer Choice Programs - to help make informed energy decisions and empower many small electricity end-users. Your commitment to this program sets a clear and inspiring example for other industry players to follow," he added.

MPower continues to push for wider adoption of customer choice in energy supply, aiming to offer not just better pricing but also improved service quality to key sectors like retail, healthcare, and logistics. For its partners and their customers, the promise is clear: access to power that is reliable, responsive, and ready for the future.