Vantage Energy, an affiliate retail electricity supplier (RES) of Manila Electric Company (Meralco), has entered into a strategic partnership with CVC Asia to transition key Visayas-based businesses into the Competitive Retail Electricity Market (CREM) to enhance operational efficiency and sustainability across the latter’s portfolio.
CVC Asia, a private equity arm of global private markets manager CVC, continues to expand its presence in the Philippines through key investments in Southeast Asia Retail Inc., which operates Landers Superstore, and FAST Services Corp., a key business unit of FAST Logistics Group.
“This collaboration exemplifies how we engage with our investee companies to unlock meaningful, long-term value. By facilitating access to more sustainable and cost-efficient electricity, we’re driving both operational savings and future resilience. At CVC, this reflects our commitment to investing with purpose, partnership, and performance at the core,” said Brice Cu, Senior Managing Director and Country Head of the Philippines at CVC.
Under the agreements, Landers Bacolod and FAST Services’ cold chain facility in Cebu will both transition to CREM, enabling them to choose their electricity provider under more favorable market conditions. CREM is open to contestable customers with a minimum demand of 500 kW, offering greater flexibility in energy sourcing and pricing.
“At Landers, saving on energy isn’t just a good business – it’s a way to deliver greater value to over two million members. By lowering our operating costs, we’re able to pass on real savings to Filipino families,” said Bill Cummings, Deputy Chief Executive Officer of Landers.
Since its launch in 2016, Landers Superstore has established a strong national presence as a membership-only warehouse club, offering a curated mix of international and local products, exclusive member perks, fuel discounts, and competitive pricing in a modern retail environment.
Meanwhile, FAST Services specializes in end-to-end solutions for warehousing, distribution, and transportation—playing a pivotal role in ensuring the efficient movement of goods across the Philippine archipelago.
For Vantage Energy, this collaboration reflects its broader mission of supporting the retail and logistics sectors through customized energy services and forward-thinking solutions.
“This partnership is more than just a business arrangement. It is a strategic alliance grounded in a common vision, one that seeks to redefine how energy is sourced, delivered, and experienced,” Vantage Energy President Ernesto M. Cabral said. “Through your participation in the Customer Choice Programs of the ERC, you are not just optimizing your energy portfolio but also demonstrating leadership in embracing progressive energy models that benefit your organizations and broader community.”
Together, Vantage Energy and CVC Asia aim to set a precedent for how companies can align sustainability and efficiency with long-term business success in the evolving Philippine energy landscape.| – Balikas.net
