Philippine power firm and US energy efficiency firm to help save energy and reduce emissions for commercial buildings, industrial facilities, and local governments at little or no out-of-pocket cost to customers
 
Aboitiz Energy Solutions, Inc. has signed a memorandum of understanding (MOU) with a US energy efficiency company, Davies Energy Systems, Inc., to bring comprehensive energy efficiency technologies and financial solutions to private firms and local governments throughout the Philippines. The venture will reduce consumption for costly energy resources by providing a fully-integrated package offering systems, technologies, and financing to local firms and government entities.

Under the agreement, Aboitiz Energy Solutions and Davies Energy Systems will apply their combined expertise and technologies to reduce energy costs for office buildings, shopping malls, commercial centers, manufacturing plants, industrial facilities, and government entities.  The MOU also provides for project financing that will allow customers to secure the benefits of energy savings technologies with little or no up-front cost.

The agreement was signed on January 8, 2009, at the EDSA Shangri-La Hotel by Erramon “Montxu” Aboitiz, chairman of Aboitiz Energy Solutions, Inc., Benjamin A. Cariaso, executive vice president and chief operating officer of Aboitiz Energy Solutions, Inc., A.B. “Nonoy” Colayco, chairman of the Davies Energy Systems subsidiary in the Philippines, and Joseph Balatbat, Davies Energy Systems Philippines’ chief financial officer.

Davies Energy has a six-year track record in the Philippines of serving the energy efficiency needs of some of the country’s largest commercial and industrial firms in installations like shopping malls and manufacturing plants.  Aboitiz Energy Solutions, Inc. (AESI) is a wholly owned subsidiary of Aboitiz Power Corporation (APC), a major group in power generation and distribution in the Philippines.

The two groups provide comprehensive energy solutions ranging from power quality audits, investment grade energy audits, and thermal scanning services, to the design and installation of energy efficiency systems, to the design and implementation of hardware, software and engineering services for remote energy monitoring and demand-side energy management.

John J.P. Howley, President and CEO of Davies Energy Systems, Inc. in Orlando, Florida, said the MOU would expand the scope of energy savings technologies available to customers in the Philippines.  “Together with Aboitiz Energy Solutions, we are able to design and implement energy systems to reduce operating costs for every aspect of a facility, including lighting, motors and other electrical equipment, air-conditioning and refrigeration systems, furnaces and boilers, and the facility’s overall electrical distribution system.”

Benjamin A. Cariaso, Chief Operating Officer of Aboitiz Energy Solutions called the MOU “good for our companies and great for our customers.”  Mr. Cariaso added that, “Our goal is to help every company and government entity in the Philippines become as efficient with its use of energy as possible.  By teaming with Davies Energy Systems, and by providing project financing, we can offer the comprehensive energy management technologies and the financial solutions necessary to make energy conservation and environmental stewardship a very profitable venture for our customers.”

AESI provides integrated customer solutions to reduce power costs, promote energy efficiency, and improve electrical system performance for industrial, commercial and electrical utility customers.  AESI also conducts engineering studies, designs and manages energy and power plants.  AESI is a registered licensed Retail Electricity Supplier (RES) and Wholesale Aggregator (WA) authorized to sell, market or aggregates electricity to end-users.

Davies Energy Systems, Inc. is a global energy efficiency company with offices in the United States and Asia.  It maintains an ISO 9001:2000 certified Energy Engineering Center that provides power quality audits, investment grade energy audits, thermal scanning services, and custom-designed energy efficiency systems for many of the largest and most sophisticated companies in the world.  Davies Energy Systems also provides remote monitoring, demand management, demand response and energy optimization services using its proprietary Continuous Energy Management and Optimization (CEMO) systems.