Aboitiz Power Corporation will continue to provide renewable energy (RE) to Nestlé Philippines after renewing its power supply deal with the food and beverage firm.
Under the partnership, AboitizPower will be providing RE-sourced power for six of Nestlé PH’s facilities – which will be sourced from the Tiwi and MakBan Geothermal power plants managed by AP Renewables, Inc. (APRI).
Aboitiz Power will now supply power to all of Nestlé’s factories in Luzon, and its local head office in Makati City. In 2017, AboitizPower began providing power to Nestlé’s manufacturing facility in Lipa City, Batangas.
“Our transition to 100% clean and renewable electricity in the country is a high priority. We are confident that we are on the right track towards achieving net-zero greenhouse gas emissions,” Nestlé Philippines Chairman and CEO Kais Marzouki said in a statement. Globally, Nestlé aims to cut its greenhouse gas emissions by half by 2030 and achieve net-zero by 2050.
“We thank Nestlé for continuing to partner with us in sparking positive change in the world. Our geothermal fleet is geared to serve Nestlé’s energy requirements. As a supplier, we are honored to join the company’s journey in transforming its supply chain, lowering its carbon footprint, and implementing its net zero roadmap,” APRI President and CEO Jeffrey Estrella said.
AboitizPower and Nestlé’s partnership falls under the government’s Retail Competition and Open Access program, wherein qualified contestable customers consuming a monthly average of 500 kilowatts can directly negotiate and contract with their preferred retail electricity suppliers.