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First Gen and PNB Holdings have struck a renewable energy agreement, adding to the flow of corporate clean-power deals in the Philippines. The deal points to continued demand from businesses for lower-carbon electricity and more predictable energy costs, which supports wider renewable adoption.

First Gen has supplied geothermal electricity to two Philippine National Bank properties, another example of a large customer using renewable power for building operations. The deal points to steady demand for clean electricity in commercial real estate and supports lower-emissions power use without requiring on-site generation.