Pi Energy Inc., an affiliate of First Gen Corporation, has forged a partnership with Climargy Inc. for the development of energy efficiency and conservation (EE&C) projects designed to help reduce carbon emissions and help businesses save on costs. The two companies aim to provide their client companies opportunities to cut their electricity use with potential savings of one terawatt-hour — saving Php7.5 billion in power costs — through year 2040.
PunoLaw’s Minette Santos and Lesley Costales assisted Pi Energy in this transaction, which led to the closing of a trailblazing business partnership dedicated to EE&C projects in December 2021.
