Mets Cold Storage Services, Inc (Mets), formerly known as Mets Logistics, Inc, has tapped First Gen Corporation (First Gen), the country’s leading renewable energy (RE) company, to power its cold storage facility in Cagayan de Oro City with geothermal power, in line with the company’s thrust towards more sustainable operations.
The supply agreement, signed on October 3 by representatives from First Gen and Mets, covers demand of up to 2,050 kilowatts to cover the on-going expansion of the facility, located in Tablon, Cagayan de Oro, which has a current capacity of over 7,100 metric tons of cold storage space.
The geothermal power will be sourced from the Mt Apo Geothermal Power Plant in Cotabato, owned and operated by Energy Development Corporation (EDC), a subsidiary of First Gen.
“We are pleased to partner with First Gen to reduce the energy intensity of our cold storage operations. This move will reduce not just our energy cost but our carbon footprint as well, while providing stable power supply,” said Donna Robles, Chief Operating Officer of Mets.
Founded in 2010, Mets has cold storage facilities in Cavite, Bulacan, Cebu, and Cagayan de Oro with over 100,000 pallet positions that can cater to various cold storage solutions such as airconditioned storage service, blast freezing and toll processing.
“Cold storage is critical for ensuring safety and sanitation across the supply chain for food and even medicines. We are committed to partnering with Mets to ensure they can power their cold storage operations sustainably with a steady supply of RE,” said Arlene Sy-Soriano, Assistant Vice President and Head of Sales and Engagement of First Gen.
The First Gen group has a total capacity of 1,200 megawatts of geothermal energy. Its RE portfolio also includes hydro, wind, and solar, with over 400 MW of installed capacity.
In partnership with Prime Infrastructure Capital, First Gen also operates four gas-fired power plants with a combined capacity of 2,017 MW. These facilities support baseload requirements and help offset the intermittency of renewable sources. This diversified portfolio of renewable and low-carbon energy assets plays a vital role in stabilizing power supply and enhancing energy security.
