Strategic Direction
Climargy’s five-person Board of Directors is composed of:
Alexander Ablaza
Alexander Ablaza is CEO of Climargy Inc. The last 23 years of his 38-year professional career have been dedicated to growing energy efficiency and other clean energy technology deployment in 14 Asian markets through the identification, due diligence and financial close of over $3 billion in direct investments, and also through catalytic market transformation, policy, regulatory, fund mobilization and transaction support interventions. He designed and established Climargy, a global pioneer private Super ESCO aggregator of ESCO project assets hosted by the C&I sector in Asian growth markets. He convened, founded and chairs the Asia-Pacific ESCO Industry Alliance and the Philippine Energy Efficiency Alliance. He likewise co-founded and sits in the Advisory Board of the Global ESCO Network and co-chairs the Marketplace Taskforce of the global coalition, Mission Efficiency. He is armed with 35 years of project and corporate management experience, an aggregate 29 years of energy sector involvement, and an educational background in engineering (BSCE) and economics (MBE).
Adrian S. Cristobal Jr.
Adrian S. Cristobal Jr. is a former Secretary (Minister) of Trade and Industry and Chairman of the Board of Investments of the Philippines. In 2016, he received the Presidential Medal of Merit in 2016 from President Benigno S. Aquino III. He returned to the private sector in 2017 and became the President and later Vice Chairman of SteelAsia, the Philippines’ leading steel manufacturer until 2021. He was a director of the Federation of Philippine Industries (FPI) and Chairman of the Economic Research Institute of ASEAN and East Asia (ERIA). Currently, Mr. Cristobal has a private law practice and does consulting work. He also teaches at the Ateneo de Manila University School of Law. Mr. Cristobal obtained his Juris Doctors of Law from Ateneo de Manila University and his Bachelor of Arts in Political Science from the University of California, Berkeley, U.S.A.
Ariel S. Villaseñor
Ariel S. Villaseñor has over 15 years of experience in driving market growth, business development, and general management in energy and power equipment, distribution, and logistics industries. He is an expert at scaling operations, planning, and executing critical business initiatives distinguished by double-digit revenue gains and achieving growth despite fluctuating market and economic conditions. Ariel is a Vice-President at both Pi Energy Inc. and FirstGen Corp., where he spearheads strategic positioning, business development, and portfolio expansion for the power equipment and energy solutions businesses. He holds a Bachelor of Science degree in Industrial Management Engineering from De La Salle University.
Demosthenes B. Donato
Demosthenes B. Donato was admitted to the Philippine bar in 1989. He has a masteral degree L.L.M. in Banking Corporate and Finance Law from Fordham University, New York in 1995; and law degree L.L.B. from the Ateneo de Manila University in 1988. He was a Member of the Center for Research and Special Studies, Inc. (CRSS) in 2001; a Member of the University of the Philippines - Solair Labor Law Reform Task Force in 1999-2000; and a Member of the Integrated Bar of the Philippines - Committee on Labor and Industrial Relations in 1992 1994. He is the author of Labor Juris (2015). His legal practice covers mergers and acquisitions, foreign investment regulation, corporations, project finance and labor.
Luzonia M. Em
Luzonia M. Em was admitted to the Philippine bar in 1990. She has a law degree L.L.B. from the University of the East in 1987. She is a current Member of the Integrated Bar of the Philippines, and a former Member of the Law Society of Hong Kong (Registered Foreign Lawyer). Her field of practice covers corporations, intellectual property, immigration and family.
Strategic Advisory
Dr. Francisco L. Viray
Dr. Francisco L. Viray, a Co-founder and Advisor to the Board of Directors of Climargy Inc, has about a half century of unparalleled professional and management experience in the energy and engineering markets through work in the private sector, government service and the academe. His long list of previous stints include CEO of Phinma Energy, EVP of Phinma Corp, President of the Energy Council of the Philippines, Secretary (Minister) of Energy of the Philippine Government, President (then Chairman) of the National Power Corporation, Executive Director of the National Engineering Center and Dean of the College of Engineering of the University of the Philippines (UP), Diliman. As Board Director, he also served Phinma, Union Cement, Petron, Manila Electric Company (Meralco), among others. He holds a PhD in Engineering from West Virginia University and an MS Electrical Engineering from UP Diliman.
Investment and Advisory Operations
Alexander Ablaza
Alexander Ablaza leads frontline investment and advisory operations as Principal Advisor and CEO of Climargy Inc. The last 23 years of his 38-year professional career have been dedicated to growing energy efficiency and other clean energy technology deployment in 14 Asian markets through the identification, due diligence and financial close of over $3 billion in direct investments, and also through catalytic market transformation, policy, regulatory, fund mobilization and transaction support interventions. He designed and established Climargy, a global pioneer private Super ESCO aggregator of ESCO project assets. He convened, founded and chairs the Asia-Pacific ESCO Industry Alliance and the Philippine Energy Efficiency Alliance. He likewise co-founded and sits in the Advisory Board of the Global ESCO Network and co-chairs the Marketplace Taskforce of the global coalition, Mission Efficiency. He is armed with 35 years of project and corporate management experience, an aggregate 29 years of energy sector involvement, and an educational background in engineering (BSCE) and economics (MBE).
Mikhael Fiorello C. Llado
Mikhael Fiorello C. Llado, a CFA Charterholder and a GARP-certified Energy Risk Professional (ERP), supports investment, portfolio management and advisory operations as Head of Investment Operations of Climargy Inc. Early in his career, he was a commercial officer for Energy Development Corporation’s 700MW Leyte geothermal portfolio. He played a key role in project management, contract review, and economic analysis for the Leyte facility’s power plant rehabilitation project, which took majority of the company’s $160 million capex program in 2016. Mikhael specializes in investment due diligence, market assessment, risk analysis, and financial modeling. When he moved to Boston for his graduate studies, he co-founded the Boston Consulting and Impact Coalition, a consulting partnership between the business schools of Tufts University, Babson College, Brandeis University, Boston University, and Boston College. Under his graduate program, Mikhael also managed a portion of Boston College’s $2.5 billion endowment fund. He holds MBA and MS in Finance degrees from the Carroll School of Management of Boston College.
Harold L. Murallon
Harold L. Murallon supports Climargy’s frontline investment operations as its Engineering Manager with his nearly two decades of multifaceted experience in HVAC design, cost estimation and project implementation. His mechanical engineering expertise in HVAC, plumbing, fire protection, process piping systems, and energy audits has been engaged for a wide variety of industrial and commercial projects, while utilizing his proficiency in project estimation, budgeting, administration and energy audits, as well as his hands-on approach to project management. His local and overseas mechanical engineering and project management experience was gained from senior engineer stints with reputable companies such as Trane Philippines, Fluor Daniel, First Balfour, PHPC Co, and FR Sevilla Industrial and Development Corp. He is a registered mechanical engineer and a member of the Philippine Society of Mechanical Engineers.