Europe-PH News

SNAP seals renewable energy supply deal with Xavier School

September 02, 2022

ECCP Online

Renewable energy solutions provider SN Aboitiz Power Group (SNAP) sealed a Green Energy Option Program (GEOP) contract with Xavier School on August 23, 2022.

Xavier School, a Jesuit college-preparatory school in San Juan, Metro Manila, is SNAP’s first academic institution GEOP customer. The green energy switch will commence on August 26, 2022.

Present during the signing ceremony were SNAP Group President and CEO Joseph Yu, SNAP-RES CEO Senen Fenomeno, Xavier School President Fr. Aristotle Dy, SJ, Ph.D., and Xavier School Principals Jane Cacacho and Theresa Nebres-Ladrido.

GEOP is a program under the Department of Energy (DOE) that allows electricity end-users with an average peak demand of at least 100 kilowatts (kW) in the previous 12 months to switch to renewable energy (RE) sources and choose their own RE supplier.

SNAP fully supports the country's demand for RE growth. "We are very excited about this partnership with Xavier School. By going through GEOP and choosing SNAP’s renewable and responsible energy, Xavier is playing a vital role in helping the Philippines realize its sustainable energy goals," said Yu.

Likewise, Xavier School and the worldwide Jesuit community are committed to caring for the planet. In particular, they support moving away from the use of fossil fuels. "By implementing forward-looking sustainable practices, this shift to hydroelectric power through SNAP's GEOP, renewable energy will now power 40% of Xavier School's electricity needs. This continues our efforts to promote a greener lifestyle," Fr. Dy said.

San Juan Mayor Francis Zamora, in a message sent by his office, commended Xavier School's efforts to switch to a clean and renewable source of energy, which supports the city government’s call for sustainability and environmental protection.

"We believe that all possible steps must be taken to safeguard our environment. Congratulations to Xavier School. May you continue to lead the education sector in such noteworthy endeavors, and we look forward to working with you in providing quality education through sustainable means to our future generations," Zamora said.

"We are putting sustainability at the core of everything we undertake, and GEOP is an important vehicle for our mission of powering a sustainable future," Yu added.


About SNAP:

SN Aboitiz Power (SNAP) is a joint venture of Scatec and Aboitiz Power Corporation (AP).

Scatec is a leading renewable power producer, delivering affordable and clean energy worldwide. As a long-term player, Scatec develops, builds, owns, and operates solar, wind, and hydropower plants and storage solutions. Scatec has more than 3.5 GW in operation and under construction on four continents and more than 500 employees. The company is targeting a 15 GW capacity in operation or under construction by the end of 2025. Scatec is headquartered in Oslo, Norway, and listed on the Oslo Stock Exchange under the ticker symbol ‘SCATC.’

AP is the holding company of the Philippines-based Aboitiz Group’s investments in power generation, distribution, and retail electricity services. It advances business and communities by providing reliable and ample power supply at a reasonable and competitive price, and with the least adverse effects on the environment and host communities.

SNAP owns and operates the 105-MW Ambuklao and 140-MW Binga hydroelectric power plants in Benguet; the 388-MW Magat hydroelectric power plant on the border of Isabela and Ifugao; and the 8.5-MW Maris hydroelectric power plant in Isabela.

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