St. Francis Shangri-La Place has partnered with ACEN Renewable Energy Solutions (ACEN RES), the retail electricity arm of Ayala’s ACEN Corporation, to supply 100% renewable energy to power the building’s common areas. The shift aligns with the property’s sustainability goals and reflects the increasing demand for clean energy among premium real estate developments.
The clean power will come from ACEN’s diversified portfolio of solar, wind, and geothermal power plants in the Philippines. The move is expected to avoid around 2,200 tons of carbon dioxide equivalent (CO₂e) emissions per year—roughly the same amount of carbon absorbed by 101,000 mature trees or avoided by a car that travels 8.8 million kilometers.
“We are proud to partner with ACEN RES in this important initiative,” said Joseph Salting, Head for Property Management of Shang Property Management Services. “This transition to renewable energy for our common areas aligns with our commitment to providing our residents with a sustainable and environmentally responsible living environment.”
ACEN Vice President for Legal, Atty. John Henry Liquete, added: “ACEN RES is dedicated to empowering organizations to make the switch to renewable energy to help them achieve their business and sustainability aspirations. We commend The St. Francis Shangri-La Place for setting an example for other businesses in embracing renewable energy as a means of contributing to the country’s goal of increasing the share of renewables in the energy mix.”
The St. Francis Shangri-La Place is a premium twin-tower development by Shang Properties and is one of the tallest residential buildings in the country. Located in the heart of Ortigas Center and directly connected to the Shangri-La Plaza Mall and EDSA Shangri-La Hotel, the towers offer residents a full suite of luxury amenities within an integrated urban lifestyle hub.
By transitioning its shared energy use to renewables, the building is not only lowering its carbon footprint but also demonstrating the potential for upscale residential projects to adopt sustainability practices without compromising comfort or service quality.
The shift also highlights how luxury real estate developers are increasingly aligning with environmental, social, and governance (ESG) standards—a growing consideration for investors and residents alike. With rising awareness around climate change and energy efficiency, clean energy supply is becoming a key differentiator in high-end developments.
The Green Energy Option Program (GEOP), under which this partnership was made possible, is part of the government’s push to hit its 35% renewable energy target by 2030 and 50% by 2040. The program allows qualified end-users to choose renewable energy as their source of power.
For residents of St. Francis Shangri-La Place, the impact is twofold: they continue to enjoy the premium lifestyle the building offers while knowing that their shared spaces—from elevators and lobbies to gym areas and hallways—are powered by cleaner, greener energy.
What do you think about green energy in premium developments? Let us know in the comments!
Follow Power Philippines on Facebook and LinkedIn or join our Viber community for more updates.
There are no comments
Add yours