Aboitiz Power Corp. (AboitizPower), through subsidiary Therma South, Inc. (TSI), has sealed a two-megawatt Emergency Power Supply Agreement (EPSA) with Misamis Occidental I Electric Cooperative, Inc. (MOELCI-I) to ensure uninterrupted power in Northern Mindanao.
The company said Tuesday that the agreement, the first emergency power supply deal forged by TSI, will help deliver a reliable electricity supply in Oroquieta City and the municipalities of Aloran, Lopez Jaena, Plaridel, Calamba, Baliangao, Sapang Dalaga, and Concepcion.
Apart from helping stabilize power supply in these areas, AboitizPower said the deal helps strengthen its foothold as a critical energy partner for electric cooperatives across Mindanao.
“At TSI and AboitizPower, we don’t just provide power. We stand by our partners in every situation, including the critical moments when they need us most.
Being part of TSI’s first-ever emergency power supply agreement is something that we are truly proud of,” AboitizPower Head of Revenue Operations James Yu said.
Meanwhile, MOELCI-I General Manager Engr. Guilvin Medina said the agreement mirrors the two companies’ push to provide sufficient power supply requirements for more than a decade.
“For over ten years, TSI has been a steadfast partner in keeping the lights on for our customers, and we are proud that this agreement makes history as the first of its kind,” Medina said.
AboitizPower is targeting to expand its renewable energy portfolio by 2030 while continuing to support the country’s baseload and peak power requirements through a balanced energy mix.