MPower, D.M. Wenceslao leap to sustainable development

POWERING D.M. WENCESLAO DEVELOPMENTS WITH RENEWABLE ENERGY. DM Wenceslao Group and MPower sealed a retail supply agreement for the latter to power with pure renewable energy and the electricity supply requirements of DMWAI developments in Aseana City. Seen in photo are Aseana Holdings Inc. Director for Property Management Ritche Reperuga, D.M. Wenceslao Group President and Chief Executive Officer Delfin Angelo Wenceslao, MPower First Vice President and Head Redel Domingo, and MPower Senior Assistant Vice President and Retail Sales Head Eddie John Adug.

MPower, Manuel V. Pangilinan-led Manila Electric Company's (Meralco) local retail electricity supplier, has partnered with DM Wenceslao Group (DMWAI) to supply renewable energy to power the latter's properties in Parañaque City, taking a significant step towards sustainable development.

The recently signed retail supply agreement covers the power supply requirements of establishments under D.M. Wenceslao Group's wholly owned subsidiary, Aseana Holdings Inc. (AHI).

This undertaking marks a significant development for D.M. Wenceslao Group, which is committed to incorporating sustainable practices into its real estate developments by ensuring that its projects meet the demands of modern living and contribute positively to the environment.

Tapping MPower for supply requirements also aligns well with the company's goal to source 100% of its properties' power needs from renewable energy, which supports global efforts to reduce carbon emissions and promote cleaner energy alternatives.

"We are grateful to have MPower as our trusted partner. Their commitment and expertise ensure that our office buildings and mixed-use developments will benefit from clean and renewable energy," said Delfin Angelo Wenceslao, CEO and President of DMWAI.

For both MPower and D.M. Wenceslao Group, this also sets a precedent for similar collaborations in the industry, highlighting the growing importance of sustainable practices in property management and development.

"MPower is proud to be with the DM Wenceslao Group in enabling a greener future for everyone. We remain committed to expanding our renewable energy sources and pushing for sustainable economic growth in the Philippines," First Vice President and MPower Head Redel Domingo said.

The partnership between MPower and DMWAI began in 2019 and continues to grow as the latter's properties meet the 500-kilowatt threshold under the Retail Competition and Open Access (RCOA) program in the Philippines. The program allows large-load consumers to select their electricity suppliers according to their unique preferences.