Araneta City has expanded its renewable energy partnership with First Gen, bringing four more properties under electricity supply agreements sourced from geothermal power as the mixed-use estate deepens its decarbonization efforts and responds to growing demand for clean energy from its tenants.

The new agreements, signed in early July, will supply an estimated 3.4 megawatts (MW) of renewable electricity to Cyberpark Tower 3, Aurora Tower, the former Fiesta Carnival redevelopment site, and the remaining Fiesta Carnival Arcade.

Cyberpark Tower 3 is the newest addition to Araneta City’s Cyberpark office district designed for business process outsourcing (BPO) and corporate tenants and Aurora Tower is a mixed-use development that houses offices and commercial spaces. The former Fiesta Carnival site is undergoing redevelopment and the remaining Fiesta Carnival Arcade is part of one of Cubao’s most recognizable landmarks.

First Gen said the additional power requirements will be sourced from its 648-MW Unified Leyte geothermal power plants.

The latest contracts build on the companies’ earlier agreements signed in October 2025, which covered Ali Mall, New Frontier Theater, and Manhattan Gardens. Those facilities receive an estimated 5.4 MW of renewable electricity generated from First Gen’s geothermal and hydroelectric plants in Leyte, Bicol, and Nueva Ecija.

With the expanded partnership, Araneta City is increasing the number of properties powered by renewable energy under the Department of Energy’s Retail Competition and Open Access (RCOA) and Retail Aggregation Program (RAP), which allow qualified electricity consumers to choose their power supplier.

“We have been trying to tap renewable energy sources for the past years and we’re happy to be achieving our vision. Our BPO [business process outsourcing] locators have been asking us to source renewable energy. We look forward to growing our partnership with First Gen,” said Antonio Mardo, Araneta City senior vice president.

First Gen Chief Customer Engagement Officer Carlo Vega said the collaboration reflects the growing business case for renewable energy.

“Shifting to renewable energy is not just doing good for the environment, but also a means to manage business risks. We thank the Araneta Group for growing with us and allowing us to be their partner as they progress in their sustainability journey,” Vega said.

Araneta City, a 35-hectare mixed-use development in Cubao, Quezon City, has been among the early adopters of the DOE’s retail electricity market reforms.

Its October 2025 RAP agreements with First Gen combined the electricity demand of more than 200 retail and service tenants at Ali Mall and New Frontier Theater, along with over 9,000 apartments across 18 residential towers in Manhattan Gardens.

First Gen, meanwhile, has more than 1,700 MW of renewable energy generating capacity from 31 geothermal, hydro, wind, and solar facilities across the country.

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