Power Philippines: New RES Player Partners with Megaworld’s Richmonde Hotels

After a competitive bidding process, the Retail Electricity Supply Contract got awarded to MECO and the two firms entered into a strategic partnership, wherein MECO would provide the hotel chain’s energy requirement for both its Eastwood and Ortigas locations.

MECO Chairman and CEO Sherwin Hing believes that the company was able to secure the partnership because of the very unique supply schemes it offered.

Hing pointed out that while the RES caters to the load factor of each client, MECO also customizes offers which is why it was able to offer a very competitive proposition.