AboitizPower subsidiary, Therma Luzon, Inc. (TLI), and Ibaan Electric Corp. (IEC) have renewed their partnership for the next five years through a power supply agreement (PSA).
TLI will supply 10.92 megawatts of electricity to the whole municipality of Ibaan, Batangas, as well as the adjacent barangays of Adya in Lipa City and Salaban in the Municipality of San Jose.
The partnership aims to provide steady, reliable, and competitively-priced electricity to businesses, households, and communities in the province of Batangas.
The renewed partnership will help address the need for reliable electricity and support sustained economic growth and improved quality of life.
The two companies have been partners since 2010 and have also collaborated on educational programs for various schools in Batangas.