6 March 2024 – Mandarin Plaza, a business hotel in Cebu City, solidified its commitment to environmental stewardship by transitioning to a 100 percent renewable energy supply through a strategic partnership with ACEN Renewable Energy Solutions (ACEN RES) of the Ayala group.
This collaboration is facilitated by the Green Energy Option Program (GEOP), a government initiative empowering eligible customers — those with an average monthly demand of at least 100 kilowatts — to exclusively source their power from renewable energy sources through their preferred supplier.
Harvey Ho, General Manager, expressed: “Mandarin Plaza Hotel is proud to embrace renewable energy, aligning with the sustainability values of our clientele of planet-conscious travelers. Our commitment reflects a dedicated contribution to fostering sustainability within the hospitality industry.”
Situated in the heart of Cebu City’s bustling commercial district, Mandarin Plaza remains the preferred choice for discerning businessmen and travelers seeking a seamless integration of work and leisure. Boasting modern amenities, an inviting outdoor pool, and well-appointed, air-conditioned rooms, the hotel continues to enhance the guest experience. Culinary enthusiasts can indulge in a diverse range of international dishes at the lobby lounge.
“We are honored to be chosen by Mandarin Plaza Hotel as their renewable energy partner. We commend their bold move to lead the charge in promoting renewable energy in the hospitality sector. We hope that more businesses consider embracing sustainably sourced power and benefit from savings with Zero-Rated VAT, and a reduced carbon footprint,” said Ela Mina, Assistant Vice President, Commercial Operations at ACEN.
ACEN Renewable Energy Solutions (ACEN RES) is the supply retail arm of ACEN, an Ayala company aspiring to be the largest listed renewable energy platform in Southeast Asia.
ACEN (PSE: ACEN) is the listed energy platform of the Ayala Group. The company has ~4,500 MW of attributable capacity from owned facilities in the Philippines, Australia, Vietnam, Indonesia, and India, with a renewable share of 98%, which is among the highest in the region.
ACEN aspires to be the largest listed renewables platform in Southeast Asia, with a goal of reaching 20 GW of renewables capacity by 2030. ACEN is committed to transitioning the company’s generation portfolio to 100% renewable energy by 2025 and to become a Net Zero greenhouse gas emissions company by 2050.
ACEN Renewable Energy Solutions (ACEN RES) is the supply retail electricity unit of the Ayala Group. It is a licensed retail electricity supplier and renewable energy solutions provider powering businesses and industries through the Retail Competition and Open Access (RCOA) and the Green Energy Option Program (GEOP).