News

Lopez firm inks pact with Climargy for business solutions

FPH and Pi Energy Chairman Federico R. Lopez and Climargy President Alexander Ablaza (File Photos: Manila Bulletin)

Lopez-led energy solutions provider Pi Energy and specialist investment and development firm Climargy Inc. will be cementing another pioneering pathway in the institutionalization of energy efficiency and conservation (EE&C) projects that will aid businesses in managing not just their energy usage but in reducing their carbon footprints for a safer and longer-lasting planet.

Lopez-led PI Energy, Climargy plan to develop energy efficiency projects

FPH and Pi Energy Chairman Federico R. Lopez and Climargy President Alexander Ablaza during the ceremonial signing event (Image: Pi Energy, Climargy)

PI Energy, Inc., an affiliate of First Gen Corp., recently signed a partnership deal with Climargy, Inc., a specialist investment and development company, to develop energy efficiency and conservation (EE&C) projects for businesses.

The two companies aim to cut the electricity use of their client companies by one terawatt-hour — saving P7.5 billion in power costs — through year 2040.

Lopez firm partners with Climargy to develop EE&C solutions

FPH and Pi Energy Chairman Federico R. Lopez and Climargy President Alexander Ablaza (File Photos: Philippine Star)

MANILA, Philippines — Lopez-led energy solutions provider Pi Energy has partnered with specialist investment and development firm Climargy Inc. to develop energy efficiency and conservation (EE&C) solutions for business establishments.

In a statement over the weekend, Pi Energy said the recently signed agreement focuses specifically on developing EE&C projects mainly for commercial and industrial (C&I) companies.

Lopez-led Pi Energy, Climargy forge energy efficiency partnership

Pi Energy Chairman Federico R. Lopez (top, right) and Climargy President Alexander Ablaza (bottom, right) lead the ceremonial signing event with several officials and senior representatives of both firms on 9 December 2021. (Screenshot Images: Pi Energy)

MANDALUYONG CITY, 9 December 2021 – Lopez-led energy solutions provider Pi Energy has forged a landmark partnership with specialist investment and development company Climargy Inc. to develop for business establishments energy efficiency and conservation (EE&C) projects, designed to remove massive amounts of excess, heat-trapping carbon dioxide (CO2) from the atmosphere and help businesses save on cost.