Philippine property giant Robinsons Land Corporation (RLC) has signed a renewable energy deal with First Gen Group to power its shopping malls across the Visayas and Mindanao regions with geothermal energy, the companies announced.
Under the agreement signed on March 13, First Gen will supply over 22 megawatts (MW) of geothermal power to eight malls and a supermarket across five provinces. The move is part of a broader sustainability push by the Gokongwei Group, RLC's parent company, to decarbonize its operations and hedge against volatile global fuel prices.
The clean energy will be sourced from the Unified Leyte geothermal facilities for malls in the Visayas and the Mt. Apo geothermal plant in North Cotabato for Mindanao operations.
"Consistent with the Net Zero goal of the Gokongwei Group by 2050, we at Robinsons Land are committed to keeping our carbon footprint as low as possible and ensuring sustainability through strong environmental performance and energy efficiency," said Mybelle V. Aragon-GoBio, president and CEO of RLC.
