MANILA, Philippines — EEI Energy Solutions Corp., the retail arm of the Yuchengco-led EEI Power Corp., has signed a retail supply contract with Valenzuela-based plastic packaging manufacturer Genstar Manufacturing Corp. EEI Energy started supplying Genstar last September. The deal covers a maximum contract capacity of 700 kilowatts (kw). Genstar is the company’s fourth retail electricity customer and the second customer that switched power suppliers for the first time. “Genstar is the second customer in our portfolio that went through initial switching. We are truly honored to having been given the privilege of helping the company realize savings in their power […]

EEI Energy Solutions Corporation (EEI Energy) of the Yuchengco group has sealed a new power supply agreement with Valenzuela-based Genstar Manufacturing Corporation, which produces plastic packaging. According to Cris Noel Torres, president of EEI Energy, Genstar is already the second customer which switched power supplier and that their company had signed up for a power contract in the expanding retail electricity market of the deregulated power industry. He noted their company considers it a ‘privilege’ to help their client “realize savings in their power bills and funds, which it can use in other aspects of its operation.” Genstar is a […]

A POWER subsidiary of EEI Corp. has been admitted to the green energy option program (GEOP) after obtaining clearance from the Department of Energy (DoE), EEI Corp., said in a disclosure Wednesday. Construction group EEI Corp. said EEI Energy Solutions Corp. received its GEOP operating permit from the DoE in September. The permit authorizes participants to supply power to end-users. The GEOP allows users consuming at least 100 kilowatts of power to source power from accredited retail energy suppliers which generate electricity from renewables. EEI Energy’s inclusion in the program brings the number of eligible firms to 15, as of […]

EEI Energy Solutions Corp. bagged a contract to supply retail power to Genstar Manufacturing Corp., a Valenzuela-based manufacturer of plastic packaging.In a disclosure on Wednesday, EEI Energy parent firm EEI Corp. said this is the second customer in their portfolio that went through initial switching.It also said Genstar, the fourth customer of the startup EEI Energy, opted to switch to retail electricity supply. “We are truly honored to having been given the privilege of helping the company realize savings in their power bills and funds which it can use in other aspects of its operation,” said EEI Energy President Cris Noel Torres. EEI Energy, the […]