Meralco’s MPower, Gokongwei Group Expand Green Energy Deal

Meralco’s retail electricity unit MPower has renewed and expanded its supply agreement with the Gokongwei Group, deepening a decade-long partnership focused on delivering reliable and increasingly sustainable power to major corporate operations.

The deal, which covers more companies under JG Summit Holdings Inc., integrates a 60% renewable energy mix into the conglomerate’s power supply, supporting its long-term sustainability goals.

JG Summit President and CEO Lance Y. Gokongwei said the agreement reinforces the group’s commitment to innovation and environmental responsibility.

“This agreement goes beyond securing a reliable power supply – it represents our collective commitment to sustainability and innovation,” Gokongwei said.

The companies included in the renewed pact span core Gokongwei-led enterprises such as Robinsons Land Corporation, Cebu Pacific, Universal Robina Corporation, JG Summit Olefins Corporation, RL Commercial REIT Inc., and Robinsons Supermarket Corporation.

Meralco Chairman and CEO Manuel V. Pangilinan described the partnership as a shared effort in nation-building and corporate stewardship.

“Our two groups have shared more than just business interests over the years—we’ve shared a deep commitment to nation-building, innovation, and service to the Filipino people,” Pangilinan said.

The agreement ensures that these companies will continue to benefit from competitively priced and environmentally conscious electricity, aligned with national and corporate sustainability agendas.

MPower serves contestable customers within Meralco’s franchise area and commands over 25% of the retail electricity market in that zone.

The company is also growing its renewable energy offerings to match increasing demand from corporate clients seeking greener power options.

This latest move supports the Gokongwei Group’s broader sustainability framework, which aims to reduce environmental impact across its diverse portfolio.

It also underscores MPower’s evolving role in the Philippine energy transition, where corporate decarbonization efforts are becoming central to long-term competitiveness.