AboitizPower to electrify Walter Mart malls

MANILA, Philippines - Community mall pioneer Walter Mart has teamed up with Aboitiz Power Corp. to power up its new malls under the Retail Competition and Open Access (RCOA) regime.

Aboitiz Power and Walter Mart have signed a 4.7-megawatt (MW) power supply deal for its mall expansion this year.

This year, Walter Mart is set to open branches in Tarlac, Nueva Ecija, Bulacan and Batangas as part of doubling its current portfolio of 23 community malls and supermarkets within the next five years.

WM Shopping Center Management Inc. chairman Abraham Uy said having a reliable power supply and a dependable partner would allow Walter Mart to focus on giving its customers a happy shopping experience – with up-to-date facilities and an exciting mix of retail, dining and shopping options.

“As we grow our portfolio, we need a reliable power supply to ensure convenient shopping for our valued customers every day. We trust that AboitizPower, with its proven track record in power generation and distribution, has the capacity to meet our requirements and help us deliver on our brand promise,” Uy said.

Under the RCOA scheme, end-users that are part of the contestable market, or contestable customers, have the choice to choose their supplier of electricity aimed to foster competition in the generation and supply sector.

In Luzon, AboitizPower’s retail electricity suppliers (RES) are AdventEnergy for its renewable energy portfolio and Aboitiz Energy Solutions Inc. which has been a licensed RES since 2009.

These RES have access to AboitizPower and its partner’s 3,995-MW net sellable capacity which is a combination of renewable energy and thermal power plants.