Executives of SBMA, Subic EnerZone, and the Aboitiz Group raise their glasses for a ceremonial toast during the launch of the renewed 25-year power distribution partnership between SBMA and Subic EnerZone in Makati City on October 23, 2026. Present were Sabin Aboitiz (2nd from left), president and chief executive officer of Aboitiz Group and Aboitiz Equity Ventures; SBMA Chairman and Administrator Engr. Eduardo Jose Aliño (3rd); Engr. Jay Navarro (4th), officer-in-charge president and general manager of Subic EnerZone Corp.; Anton Perdices (5th), executive chairman of the AboitizPower Distribution Group; and Danel Aboitiz (6th), chief executive officer of the Aboitiz Group of Companies.
By: Gabriel Argote
MAKATI CITY, Philippines — The Subic Bay Metropolitan Authority (SBMA) and Subic EnerZone Corp. (SEZ) have renewed their power distribution partnership for another 25 years, strengthening electricity infrastructure to support industrial, commercial and residential growth at the Subic Bay Freeport Zone.
The renewed agreement, announced on Oct. 23, 2026, builds on the partnership that began when SEZ commenced commercial operations in October 2003. SEZ is a wholly owned subsidiary of AboitizPower.
The announcement was made during the “Powering Subic’s Next Chapter: SBMA-Subic EnerZone Renewed Partnership Launch” at Ayala Triangle Gardens 2 in Makati City.
The partnership aims to improve power reliability, expand grid capacity and ensure that electricity infrastructure can accommodate future investments and developments in the Freeport Zone.
SBMA Chairman and Administrator Engr. Eduardo Jose Aliño presented the agency’s strategic direction and planned developments, emphasizing the role of reliable power infrastructure in attracting investments and sustaining economic growth in Subic.
SBMA Chairman and Administrator Engr. Eduardo Jose Aliño and Engr. Jay Navarro, officer-in-charge president and general manager of Subic EnerZone Corp. (SEZ), exchange tokens during the launch of the renewed 25-year power distribution partnership between SBMA and SEZ in Makati City on October 23, 2026.
Engr. Jay Navarro, officer-in-charge president and general manager of SEZ, outlined planned system upgrades, grid development initiatives and reliability enhancement measures to support the Freeport’s long-term development.
Anton Perdices, executive chairman of the AboitizPower Distribution Group, meanwhile, highlighted the longstanding partnership between the Aboitiz Group and SBMA and reaffirmed SEZ’s commitment to supporting Subic’s growth.
SEZ has managed the power distribution system in Subic Bay under Republic Act No. 7227, or the Bases Conversion and Development Act of 1992.
The renewed agreement is expected to help secure stable and reliable electricity services as the Freeport pursues further industrial, commercial and residential development.
The launch concluded with a ceremonial toast and exchange of tokens among representatives of SBMA, SEZ, AboitizPower and Aboitiz Equity Ventures, reaffirming their commitment to the partnership and the continued development of Subic Bay.