EEI Energy bags 2 supply deals

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EEI Corp. said its unit EEI Energy Solutions Corp. (EEI Energy), has signed retail electricity supply deals with Centro Mall and Limcoma Multi-purpose Cooperative.

Centro Mall is one of the prominent shopping malls in Laguna while Limcoma is the first ISO 9001:2001 certified feed mill cooperative in the Philippines.

Centro Mall and Limcoma Corp. are among the first accounts closed by EEI Energy within just six months of its operation, following the account with the local counterpart of a leading Southeast Asian aquaculture manufacturer, which commenced last May.

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Each facility requires over 500kW of electricity supply. EEI Energy’s total contracted capacity to-date is approximately 3.5MW.

EEI Energy received its retail electricity supply license from the Energy Regulatory Commission in February this year.

“These accounts will definitely be the first of many customers we will serve with our unique offerings. While we look forward to a lasting and sustainable business relationship with our customers, we are aggressively working on providing the same, if not more, level of service to other contestable customers across the Luzon and Visayas market,” said Valia Quinajon, EEI Energy operations manager.

“We are ramping up efforts to further penetrate the retail market and with the synergistic efforts within the EEI Group and the entire YGC (Yuchengco Group of Companies). It will just be a matter of time for EEI Energy to carve its place in the retail energy space as one of the most innovative retail electricity suppliers in the country and be able to deliver quality service to our customers,” aded Salvador Salire Jr., EEI Energy general manager.

Salire said other facilities in the commercial and industrial market are expected to reopen or at least regain normal electricity consumption as the economy begins to bounce back.

He added increases in capacity of renewable energy produced by its parent company, EEI Power Corp. “will meet rising demand for retail electricity, as contestability threshold is expected to be lowered to 100kW in the coming years.”

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