BACOLOD City — Negros Electric and Power Corp. (Negros Power) and AboitizPower have formally signed a 20-megawatt (MW) Power Supply Agreement (PSA), marking a key milestone in efforts to secure a stable, sustainable, and cost-efficient power supply for Central Negros.
AboitizPower, through its Therma Visayas unit, won the supply contract in a Competitive Selection Process conducted by the Third-Party Bids and Awards Committee for Negros Power’s additional 20-MW baseload requirement.
The ceremonial signing was held on November 13, 2025, at the Negros Power office at The Row on Lacson Street, Bacolod City. The agreement was signed by Negros Power president and chief executive officer (CEO) Roel Z. Castro and AboitizPower president and CEO Danel Aboitiz.
Castro highlighted the importance of the long-term supply deal in supporting the region’s accelerating economic activity and rising demand for electricity.
“We are genuinely thrilled about this agreement,” Castro said. “The terms we’ve secured are crucial as we continue to help drive economic development. Our customer base grew from around 220,000 to 245,000 in just one year. A proper supply strategy ensures we can meet the increasing demand. With this long-term agreement, we can truly welcome the future with reliable service for our communities.”
For his part, Aboitiz expressed enthusiasm about strengthening ties with the Razon-led Primelectric and Prime Group.
“I am very happy to be here, serving Primelectric and the rest of the Prime Group,” Aboitiz said. “We are grateful to be in business with the group — they are easy to work with, and the partnership has been very fruitful.”
The agreement underscores both companies’ shared commitment to delivering dependable and affordable energy to the people of Central Negros.
AboitizPower’s Head of Revenue Operations, James Yu, reaffirmed the company’s dedication to building strong, long-term partnerships anchored in trust and reliability.
“This signing comes at a meaningful time, especially after the recent typhoons and calamities that challenged our services,” Yu said. “It is in difficult moments that our resolve is strengthened to restore power and bring light back to communities. At the core of this partnership is trust, and we thank Negros Power for their confidence in us. We remain committed to being your reliable partner as we face opportunities and challenges ahead. I also thank all the teams who made this competitive selection process a success — their commitment reflects our core values.”
AboitizPower remains one of the country’s leading energy companies, consistently working to deliver reliable, affordable, and sustainable power nationwide.
Negros Power continues to uphold its mission to serve Central Negros through affordable, efficient, dependable, and consumer-focused electricity services that help power community growth and progress./PN