Filinvest and Vivant are expanding their retail electricity supply business with a 20-megawatt capacity, as reported by Inquirer.net.
The expansion will allow the two companies to serve more commercial and industrial customers under the Retail Competition and Open Access framework. According to Google News — retail Philippines, the move reflects the growing interest of conglomerates in the country's deregulated power market.
The retail electricity segment has become a key battleground as the Philippines transitions to a more competitive energy landscape. By adding 20 MW, Filinvest and Vivant aim to strengthen their position in a market that is expected to attract more players.