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Manila Bulletin devider Business devider Trade & Industry devider AboitizPower agrees to supply 30 megawatts to Negros cooperative

AboitizPower agrees to supply 30 megawatts to Negros cooperative

Published Feb 18, 2026 02:32 pm
Aboitiz Power Corp. agreed to provide 30 megawatts of electricity to Northern Negros Electric Cooperative Inc., using renewable energy and baseload power to stabilize the energy supply in the province.
In a statement on Wednesday, Feb. 18, AboitizPower said the agreement comprises 10 megawatts of solar power and 20 megawatts of baseload supply to meet rising demand within Noneco’s franchise area.
The companies did not disclose the financial terms of the deal or a specific commencement date for the deliveries. The partnership comes as regional cooperatives in the country seek to balance the intermittency of renewable sources with the reliability of traditional thermal power.
Gerard Roxas, AboitizPower vice president for wholesale commercial planning and portfolio, said the deal provides “balanced solution” that addresses both sustainability targets and the necessity for a steady grid.
Noneco, which serves the northern portion of Negros Island including the cities of Cadiz, Sagay, Escalante, and San Carlos, has faced increasing pressure to modernize its power procurement as local industries expand.
Noneco Board President Nicolas U. Camara said the steady supply at competitive rates is intended to support local growth and improve the quality of life across the cooperative’s coverage area, which also includes the municipalities of Victoria, Manapla, Toboso, E.B. Magalona, and Calatrava.
For AboitizPower, the deal aligns with its broader corporate strategy to build 3,700 megawatts of clean energy capacity by 2030. The company’s renewable arm, SN Aboitiz Power, recently reached financial closure for two battery energy storage system projects in Benguet.
Those facilities, linked to the 40-megawatt Binga and 40-megawatt Ambuklao hydropower plants, are designed to provide ancillary services to the Luzon grid via the reserve market.
This is the second major supply deal for AboitizPower in the region within the past year.
In 2024, Negros Electric and Power Corp. secured a 20-megawatt baseload supply agreement with the company to help stabilize the grid following the impact of Typhoon Tino. Under that separate arrangement, power is sourced from the Therma Visayas unit to support Negros Power’s five-year modernization program.
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