05/06/2026
Cathay Land Expands Energy
Strategy with COREnergy Alliance
Cathay Land Inc., the real estate development arm of The Cathay Group of Companies, has partnered with COREnergy, the retail electricity arm of Vivant Energy, to bring 46 connection points across its industrial and residential property portfolio into the Department of Energy's Retail Aggregation Program (RAP).
The initiative enables Cathay Land to consolidate electricity demand across multiple properties, allowing the company to participate in the competitive retail electricity market and gain greater flexibility in managing power costs, sourcing, reporting, and long-term energy planning.
“Grouping these properties under the aggregation program is a practical step toward more efficient utility management,” said Mary Ann Kocencio, Vice President of Corporate Administration at Cathay Land. “This allows us to manage our diverse portfolio as one coordinated platform rather than as separate accounts, supporting our growth with a more responsible and organized energy strategy.”
The partnership reflects a growing trend among Philippine property developers to treat electricity procurement as a strategic business function amid fluctuating energy prices and increasing demand for operational efficiency.
“For businesses with multiple locations, the Power of Choice should not be limited by how their meters are structured,” said Marko Sarmiento, VP and Operations Head of COREnergy. “Our role is to help customers navigate the technical and regulatory requirements so they can access energy solutions that fit the way their business actually operates.”
By leveraging retail aggregation, Cathay Land aims to strengthen cost visibility, improve energy management, and support its long-term sustainability and growth objectives.
PHOTO
Cathay Land Corporate President and CEO Jeffrey T. Ng (center) and Vice President for Corporate Administration Mary Ann Kocencio (second from left) join COREnergy executives Marko Sarmiento, Vice President and Head of Operations (fourth from left); Michael Lasam, Head of Commercial Operations and Strategy (rightmost); and Teodorico Cortinas, Senior Sales Manager (leftmost), in formally sealing a strategic energy partnership.