Cathay Land Inc., the real estate development arm of The Cathay Group of Companies, has partnered with COREnergy, the retail electricity arm of Vivant Energy, to bring 46 connection points across its industrial and residential property portfolio into the Retail Aggregation Program (RAP).
The move allows Cathay Land to consolidate smaller electricity loads across multiple properties to meet contestability requirements, enabling the developer to participate in the competitive retail electricity market. Through the partnership, the company gains greater flexibility in managing power costs, electricity sourcing, reporting, and long-term energy planning across its nationwide portfolio.
“Grouping these properties under the aggregation program is a practical step toward more efficient utility management,” said Mary Ann Kocencio, Vice President of Corporate Administration at Cathay Land. “This allows us to manage our diverse portfolio as one coordinated platform rather than as separate accounts, supporting our growth with a more responsible and organized energy strategy.”
The partnership highlights a growing trend among Philippine property developers to treat electricity procurement as a strategic component of asset and operational management. As energy prices continue to fluctuate, more companies are exploring ways to improve cost visibility and strengthen supply reliability through the DOE’s RAP initiative.
“For businesses with multiple locations, the Power of Choice should not be limited by how their meters are structured,” said Marko Sarmiento, VP and Operations Head of COREnergy. “Our role is to help customers navigate the technical and regulatory requirements so they can access energy solutions that fit the way their business actually operates.”
Industry observers note that retail aggregation is gaining traction among large businesses with geographically dispersed operations, particularly in the real estate, manufacturing, and commercial sectors. By consolidating electricity demand, companies can negotiate more competitive rates and adopt a more proactive approach to energy management.
For Cathay Land, the partnership represents a broader push toward operational efficiency and sustainability, positioning electricity procurement not merely as a recurring expense, but as a strategic business variable that can support long-term growth and resilience in an evolving energy market.
