ArthaLand taps First Gen to supply power to BGC project

ARTHALAND CORP. has tapped Lopez-led First Gen Corp. to supply renewable energy to its office project in Bonifacio Global City (BGC) called ArthaLand Century Pacific Tower (ACPT).

In a statement issued Monday, the listed property developer said ACPT uses 100% clean and renewable energy through First Gen’s hydroelectric power plant from its Pantabangan-Masiway Hydroelectric Plant in Nueva Ecija.

With this, the tower is able to do away with coalbased energy sources.

“Part of this mission is to use clean and renewable energy and reduce our environmental footprint...Our partnership with First Gen is truly a perfect match because we share the same values and the same commitment to the preservation of the environment,” Arthaland Treasurer and Executive Vice-President Leonardo Arthur T. Po was quoted as saying in a statement. First Gen is the country’s leading clean and renewable energy producer with 3,490 megawatts in installed capacity. It is one of two local firms that made it to the Carbon Clean 200, the list of the world’s top 200 biggest and greenest companies with about $632 million in estimated clean energy revenues in 2017. “By partnering with an organization that embodies the same principles is a big step in making sustainability a way of life for every business,” First Gen Chairman Federico R. Lopez said in a statement. —