The agreement covers select assets of Robinsons Land Corp., Robinsons Supermarket Corp., and Universal Robina Corp. (URC)—subsidiaries of JG Summit Holdings Inc., the conglomerate founded by the late industrialist John Gokongwei.
With a portion of the electricity sourced from renewable energy, the deal supports the Gokongwei Group’s broader sustainability agenda.
“This commitment to renewable energy empowers the Gokongwei Group to wholeheartedly pursue our sustainability targets, knowing that we have strong, forward-thinking partners aligned with our environmental stewardship goals,” said Lance Y. Gokongwei, president and CEO of JG Summit, during the ceremonial signing.
Vantage Energy, a wholly owned retail electricity supplier (RES) of Meralco, provides reliable, cost-effective power to contestable customers—including those outside Meralco’s franchise area.
“Our partnership spans over half a decade now with contestable properties recently added—some of which are already transitioning to renewable energy supply,” said Vantage Energy president Ernesto M. Cabral. “This expansion reflects our aligned commitment to transforming shared values into meaningful, measurable progress toward a sustainable future.”
Beyond energy delivery, Vantage Energy also supports community development through corporate social responsibility initiatives, reinforcing its role as a key contributor to inclusive growth.
The agreement marks a deepening collaboration between two of the country’s largest business groups, further aligning their operations with the Philippines' energy transition goals. —Ed: Corrie S. Narisma