Alcantara Group’s Alsons Power Group has signed its first retail electricity supply agreement with Holcim Philippines, Inc., a leader in sustainable building materials. The deal will supply 80% of the energy requirements for Holcim Philippines’ facilities in Davao and Lugait, Misamis Oriental. Holcim hopes the agreement will result in substantial electricity cost savings due to Alsons Power’s reliability and cost-effectiveness. Alsons Power has also entered the Retail Competition and Open Access (RCOA) market.
“We are confident that our partnership with Alsons Power will help us achieve our business goals and sustainability aspirations. Partnering with Alsons Power is the right choice given its strong and trusted reputation for providing reliable and affordable electricity in its three decades in the energy industry,” said Holcim Philippines Senior Vice President and Head of Supply Chain Edwin Villas.
With a diversified power portfolio, Alsons Power assures its RES partners of consistent and dependable electricity. The Alcantara-led power business unit offers affordable power supply options tailored to the specific needs of its customers and designed to reduce costs. Additionally, RES customers will have access to a wide range of value-added services, including energy management, energy audits, and other supportive measures to help enhance efficiency and performance.
“We are delighted to announce Holcim Philippines as our inaugural partner for our retail electricity supply service. Leveraging our extensive expertise and robust power portfolio, we are fully committed to powering Holcim Philippines as they continue to advance the country’s progress through their world-class construction and building solutions,” said Alsons Power Chief Executive Officer Antonio Miguel B. Alcantara. “This partnership with Holcim marks a great start for our RES business. We are eager to provide a reliable and affordable power supply to other industries and businesses as we grow our RES portfolio.”
The Alcantara Group has maintained a long-standing relationship with Holcim since 1968, beginning with a partnership in the cement industry. In 1998, Alsons Power entered a power supply arrangement with Holcim’s cement plant in Vietnam. Further strengthening their relationship, Holcim Philippines tapped Alsons Power in 2013 to provide emergency power supply to their Lugait and Davao plants.
With its successful RES deal with Holcim Philippines, Alsons Power looks forward to collaborating with other industry players, particularly in the Visayas region, where power supply is forecasted to be short next year.
Alsons Power operates four power facilities with a combined capacity of 468 megawatts, serving over eight million people in the Southern Philippines. The Group is actively expanding its renewable energy portfolio, with several solar and hydropower projects at various stages of development. Currently, Alsons Power is gearing up for the commercial launch of its first foray into the renewable energy landscape—the 14.5-megawatt Siguil Hydro Power Plant in Maasim, Sarangani.
