The move is designed to lower energy costs, improve efficiency, and enhance sustainability across CVC’s Philippine portfolio.
CVC Asia, the private equity arm of global investment giant CVC, holds stakes in Southeast Asia Retail Inc. (operator of Landers Superstore) and FAST Services Corp., a core unit of FAST Logistics Group.
Why it matters
By shifting to CREM, companies with a demand of at least 500 kW can choose their electricity provider under more competitive conditions. For CVC’s investees, this translates to cost savings and resilience—a major advantage in the retail and logistics sectors where operational efficiency is critical.
“This collaboration exemplifies how we engage with our investee companies to unlock meaningful, long-term value. By facilitating access to more sustainable and cost-efficient electricity, we’re driving both operational savings and future resilience,” said Brice Cu, senior managing director and country head for the Philippines at CVC.
Who’s involved
Landers Bacolod – The membership-based warehouse club will now source energy through CREM, aiming to reduce operating costs and deliver savings to its over two million members.
FAST Services Cebu cold chain facility – A vital logistics hub that ensures efficient food and goods distribution across the country will also shift to CREM.
“At Landers, saving on energy isn’t just good business—it’s a way to deliver greater value to Filipino families,” said Bill Cummings, deputy CEO of Landers.
The bigger picture
Since opening in 2016, Landers Superstore has grown into a national player, combining international and local products with exclusive member perks, fuel discounts, and competitive pricing.
Meanwhile, FAST Services plays a crucial role in warehousing, transport, and distribution, supporting supply chain resilience nationwide.
For Vantage Energy, the partnership underscores its mission to deliver customized energy services to high-demand sectors.
“This partnership is more than just a business arrangement. It is a strategic alliance grounded in a common vision—redefining how energy is sourced, delivered, and experienced,” said Ernesto M. Cabral, president of Vantage Energy.
What’s next
Vantage Energy and CVC Asia aim to set a precedent for how Philippine companies can align sustainability with profitability, proving that energy choice can fuel both operational savings and long-term growth. —Ed: Corrie S. Narisma
