Market Trends

Vantage Energy to Power up BQ Mall

Vantage Energy to Power up

Vantage Energy, a retail electricity supplier affiliated with Meralco, has signed its first supply deal in Bohol, partnering with Bohol Quality Corp. (BQC), the company behind one of the province’s largest retail chains. The agreement will power BQC’s operations, marking Vantage Energy’s entry into the Bohol commercial market.

The partnership encompasses the supply of electricity to BQ Mall in Tagbilaran City, enhancing the facility’s energy reliability while supporting BQC’s efforts to achieve operational sustainability and long-term growth. The deal also reflects Vantage Energy’s commitment to expanding its reach and fostering innovation in regional markets.

“As this marks Vantage Energy’s first venture in our province, we look forward to the growth, innovation, and opportunities our partnership will bring,” stated BQC President Raymund G. Ong.

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Shared goals and values

Established in 1945, Bohol Quality Corp. has grown into a cornerstone of the local retail scene, balancing its deep community roots with a steady push toward modernization to meet the evolving needs of today’s consumers.

According to Vantage Energy President Ernesto M. Cabral, the collaboration brings together Vantage Energy’s energy expertise and Bohol Quality Corp.’s strong presence in local retail.

“We are creating a platform for meaningful impact, not only for our companies but also to the communities we serve and industries we support,” he said.

Approved by the Energy Regulatory Commission (ERC) in 2017, Vantage Energy became Meralco’s inaugural affiliated retail electricity provider, providing customized energy solutions to contestable customers nationwide. Operating beyond Meralco’s franchise area, the company offers reliable and cost-efficient power tailored to the needs of commercial and industrial clients.

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Vantage Energy’s expansion

Vantage Energy expanded its national footprint through a retail electricity supply deal with the Gokongwei Group, covering 35 key sites across the country. The agreement spans facilities operated by Robinsons Land Corp., Robinsons Supermarket Corp., and Universal Robina Corp., with part of the energy supply set to come from renewable sources.

The Gokongwei Group, majority-owned by the Gokongwei family, stands as one of the Philippines’ largest and most diverse business conglomerates. It is led by JG Summit, which operates across various sectors, catering to the expanding middle class with increasing purchasing power in both the Philippines and broader Asian markets.

Sources:

https://www.bworldonline.com/corporate/2025/07/22/686650/mgen-to-build-49-mw-battery-energy-storage-in-cebu/

https://businessmirror.com.ph/2025/07/22/vantage-energy-bqc-ink-contract/

https://powerphilippines.com/meralco-affiliated-vantage-energy-to-power-bq-mall-in-tagbilaran/

https://www.jgsummit.com.ph/our-company/company-profile
https://www.facebook.com/GokongweiGroup/