Business
Oakridge Renews Partnership With Aboitiz
Homegrown Developer Oakridge Realty Development Corp. (ORDC) renews partnership with AboitizPower for quality and reliable energy supply.
On August 13, the official signing event was held at the Oakridge Executive Club in Oakridge Business Park.
The agreement will make PRISM Energy, Inc. supply 1.5 Megawatts (Mw) of electricity to the buildings of Oakridge Business Park in the next two years.
PRISM Energy, Inc. is a joint venture between AboitizPower and Vivant Corporation.
With this development, ORDC is now assured of up to 26,280 Mwh of energy to support its expansion for the duration of the contract.
Edmun Liu, Chief Executive Officer (CEO) of ORDC said that providing quality power to their tenants is their top priority.
“The ability to provide quality supply of power to this community is our utmost priority that’s why we partnered with Aboitiz to also ensure no brownouts at all,” Liu said.
Meanwhile, Juan Alejandro Aboitiz, First Vice President For Energy Trading and Sales of Aboitiz Power Corporation said that the real estate industry is rapidly growing not only in Cebu but throughout the country.
He also gave gratitude to ORDC for trusting them throughout the years.
“We thank Oakridge for believing in our expertise and look forward to giving them a competitive advantage through the supply of dependable and adequate electricity,” Aboitiz said.
In 2017, when the Oakridge Business Park is at the height of its expansion, ORDC already partnered with AboitizPower.
Oakridge Business Park is the flagship project of ORDC which aims to provide well balanced environment for its office and retail clients. (MLC)