VANTAGE Energy, the retail electricity supply affiliate of Manila Electric Co. (Meralco), has renewed a power supply partnership with Bounty Plus Inc. for the latter's Luzon facilities.
Vantage will supply the power requirements of Bounty Plus' seven poultry and broiler farms located in Bataan, Tarlac, and Pangasinan.
"As our need for renewable energy continues to grow, Vantage Energy takes active steps to ensure that it is available to us," Bounty Plus Senior Vice President Carl Benedick Chung said.
"This shared commitment to renewable power is a bright spot in this partnership, which we hope will continue for years to come," he added.
Vantage said that its offer of competitive rates would help boost the poultry firm's operational efficiency, performance and market competitiveness while also solidifying its sustainability commitment.
"Overall, this venture strengthens our foundation for growth and our commitment to delivering exceptionally superior services deepens while ensuring sustainable operations beneficial not only to Bounty Plus Inc.... but also to the communities we serve," Vantage President Ernesto M. Cabral said.
Bounty Plus is a division of Bounty Fresh Group Holdings, which oversees the operations of well-known brands such as Bounty Fresh and roast chicken chain Chooks-to-Go.
Meralco shares on Thursday closed at P533 each, down P6.