Aboitiz unit, Nexif Ratch seal power supply pact

Aboitiz Power Corp. has inked a power supply agreement (PSA) with Nexif Ratch Energy investments Pte. Ltd. (Nexif Ratch) for the supply of solar power. t he electricity supply will be sourced from the 74 megawatt peak (MWp) solar project of Nexif Ratch in Calabanga, Camarines Sur once it is completed by the second quarter of 2024. t his will further grow AboitizPower’s retail electricity arm

Adventenergy inc. (ADVEN t ) and AP Renewables inc.’s (APR i) portfolio of customers from the commercial and industrial market. “As an energy retailer, we need to address the needs of our customers, one of which is their interest in knowing where their power comes from, given how more consumers want to take part in the energy transition,” said AboitizPower First Vice President-Head of Retail James Yu. Lenie Lectura