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In a move that underscores its commitment to delivering competitive and sustainable energy solutions, the Manuel V. Pangilinan-led Manila Electric Company’s (Meralco) local retail electricity supplier, MPower, has deepened its partnership with private equity firm CVC Asia. The strengthened collaboration has transitioned several of CVC Asia’s portfolio companies into the Competitive Retail Electricity Market (CREM) and the Retail Aggregation Program (RAP).

The partnership expands MPower’s service to include both the renewal of existing accounts and the onboarding of new ones under CVC Asia’s umbrella. This strategic engagement ensures more customers benefit from flexible, reliable, and cost-effective electricity supply — a priority for both MPower and CVC.

Among those now tapping into the competitive market are Landers Superstore branches across Metro Manila and nearby areas. The retail giant’s move to CREM and RAP opens access to more affordable energy pricing through aggregated sourcing and enables a shift toward longer-term sustainability goals. Landers locations in Alabang, Arca South, Arcovia, Balintawak, Nuvali, Fairview, and Otis Manila are all covered under this energy agreement.

FAST Cold Chain Solutions Inc., a unit under FAST Logistics Group, has also transitioned its Cavite cold chain facility to CREM. This development supports FAST’s sustainability targets by cutting emissions from electricity use while ensuring operational efficiency for cold storage — a key component of the logistics chain.

Meanwhile, The Medical City (TMC), a long-standing MPower client since 2014, renewed its CREM contract, reaffirming the importance of supply stability in the healthcare sector. The agreement covers its flagship hospital in Pasig and facilities in Ortigas and South Luzon, with an added emphasis on the use of renewable energy to further reduce emissions.

“This collaboration is a clear example of how we actively partner with our investee companies to unlock tangible, long-term value,” said Brice Cu, Senior Managing Director and Country Head of the Philippines at CVC. “By connecting them to more competitive and sustainable electricity solutions, we’re not only reducing operating costs — we’re also helping build more resilient, future-ready businesses.”

The expanded partnership reflects MPower’s growing role in powering vital industries such as retail, logistics, and healthcare with smarter energy choices. Redel M. Domingo, Meralco First Vice President and Head of MPower, acknowledged CVC’s forward-thinking approach.

"This partnership is not only a significant milestone for our organizations, but also a strong testament to your group's forward-thinking leadership,” Domingo said. He also emphasized the role of RAP in democratizing energy access: “The RAP revolution empowers electricity consumers with unprecedented freedom to choose their energy providers… Your commitment to this program sets a clear and inspiring example for other industry players to follow."

Under CREM, businesses with a demand of at least 500 kilowatts can directly choose their electricity supplier. RAP, meanwhile, enables smaller consumers — below that threshold — to pool together and benefit from competitive pricing as a group.

As the energy landscape in the Philippines continues to evolve, MPower’s alliance with CVC Asia highlights the value of proactive partnerships in making cleaner, cost-effective power more accessible across key sectors.