Philippines: AboitizPower to electrify Walter Mart malls

Philippines: AboitizPower to electrify Walter Mart malls

Community mall pioneer Walter Mart has teamed up with Aboitiz Power Corp. to
power up its new malls under the Retail Competition and Open Access (RCOA)
regime.

Aboitiz Power and Walter Mart have signed a 4.7-megawatt (MW) power supply
deal for its mall expansion this year.

This year, Walter Mart is set to open branches in Tarlac, Nueva Ecija,
Bulacan and Batangas as part of doubling its current portfolio of 23
community malls and supermarkets within the next five years.

WM Shopping Center Management Inc. chairman Abraham Uy said having a
reliable power supply and a dependable partner would allow Walter Mart to
focus on giving its customers a happy shopping experience - with up-to-date
facilities and an exciting mix of retail, dining and shopping options.

"As we grow our portfolio, we need a reliable power supply to ensure
convenient shopping for our valued customers every day. We trust that
AboitizPower, with its proven track record in power generation and
distribution, has the capacity to meet our requirements and help us deliver
on our brand promise," Uy said.

Under the RCOA scheme, end-users that are part of the contestable market, or
contestable customers, have the choice to choose their supplier of
electricity aimed to foster competition in the generation and supply sector.

In Luzon, AboitizPower's retail electricity suppliers (RES) are AdventEnergy
for its renewable energy portfolio and Aboitiz Energy Solutions Inc. which
has been a licensed RES since 2009.

These RES have access to AboitizPower and its partner's 3,995-MW net
sellable capacity which is a combination of renewable energy and thermal
power plants.

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Link to Original Article:
http://www.philstar.com/business/2017/03/27/1684790/aboitizpower-electrify-w
alter-mart-malls

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com