First Gen Corp. has signed an agreement with Mets Cold Storage Services, Inc. (Mets) to supply renewable energy (RE) to the latter's cold storage facility in Cagayan de Oro City.
In a media release on Wednesday, First Gen said the supply agreement covers up to 2,050 kilowatts to support the ongoing expansion of the facility, which currently has over 7,100 metric tons of cold storage capacity.
The geothermal power will be sourced from the Mt. Apo Geothermal Power Plant in Cotabato, owned and operated by Energy Development Corp., a subsidiary of First Gen.