Doris Dumlao-Abadilla, Philippine Daily Inquirer
Summary
Gotianun-led Filinvest Land Inc. and the local unit of France-based global energy service provider ENGIE, a member of IDEA, are jointly investing P1.5 billion in a district cooling system (DCS) plant in Alabang’s Northgate Cyberzone, the biggest of its kind in the country which can serve over 20 office buildings in this IT park.
FLI created the joint venture firm, Philippine DCS Development Corp. (PDDC), in partnership with ENGIE Services (Philippines) as part of its environmental policy to reduce emission of air pollution, greenhouse gases and ozone-depleting refrigerants.
This DCS plant – the first phase of which has been completed and inaugurated on Thursday morning – is seen to reduce electricity consumption in the 18.7-hectare Northgate Cyberzone by 40 percent.
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