Building brighter tomorrows with Meralco Biz: Mirax and Rima Corporations spark sustainable real estate solutions
Building brighter tomorrows with Meralco Biz: Mirax and Rima Corporations spark sustainable real estate solutions
The commercial real estate market, particularly office space transactions in the National Capital Region, recorded a 53% increase during the first half of 2024 – a significant recovery from the previous year. 1 In line with this resurgence, Meralco Biz, the Meralco segment that caters to businesses with a power demand of 5 to 499 kilowatts, is ready to provide energy solutions to support the industry’s growing demand.
Across various industries, Meralco Biz can power up businesses in time for their target opening, offer tailor-fit solutions matched with their business needs, and help propel businesses to new heights through innovative technologies.
The collaboration between Mirax and Rima Corporations, a group of real estate companies, and Meralco Biz began with a Power Consult during the construction phase of Mirax Tower 1, the 10-story commercial and residential building in Makati. Meralco conducted a comprehensive assessment of the electrical plan to ensure that its power supply was right-sized at the onset of service application. The team also ensured a smooth energization process, safely connecting the building to the grid – minimizing delays and enabling Mirax to focus on operating efficiently and achieving occupancy goals without unnecessary downtime.
Robert Mirani, Director of Mirax and Rima Corporations
Acknowledging the Meralco Biz team for the timely energization of their facilities which positively impacted their expenditures, Robert Mirani, Director of Mirax and Rima Corporations shared, “Managing costs and timelines effectively is a crucial aspect in the construction of our projects. Through our close collaboration with Meralco and their invaluable expertise, we successfully implemented the necessary strategies and tools to address our challenges.”
Promoting Renewable Energy in Real Estate
An essential part of Mirax and Rima’s thrust is advancing the development of green buildings. Mirax Tower 1 takes pride in its innovative use of photovoltaic glass curtain walls, which produce electricity directly from the sun. This technology allows building owners to generate power from previously untapped areas, transforming the building into an actual power plant.
Empowering them to take their renewable energy (RE) commitment to the next level, Mirax and Rima also teamed up with MSpectrum, a solar company built with Meralco’s over 120 years of energy expertise and service standards. Together, they built a 32-kilowatt peak (kWp) solar panel system with battery storage at the Rima Corporation Warehouse in Taguig. This serves as a power source, which allows the building to generate an estimated Php 500,000 in annual savings.
In addition, this collaboration aimed to reduce Mirax and Rima’s carbon footprint by approximately 30 tons, equivalent to planting 1,350 mature trees.
Following MSpectrum’s installation, they also availed of the Zero Export (ZE) solution to ensure the panels’ safe connection to Meralco’s distribution system. With ZE, any excess electricity produced by the renewable energy system is prevented from inadvertently leaking into the grid.
Strengthening foundations with Meralco
Thinking ahead for its stakeholders, Mirax and Rima further partnered with Meralco’s telco subsidiary, Radius Telecoms Inc., to address their lessees’ growing demand for high-speed internet connectivity. The end-to-end full fiber optic network provider successfully set up 100 megabytes (MB) of internet bandwidth for Mirax Tower 1. This built-in internet infrastructure provided seamless, reliable connectivity to occupants and supported efficient management of digital services and amenities.
“Without Meralco Biz, we would not have achieved our goals of efficient energy requirements, sustainability and even connectivity. Their reliability and dedication have proven to be invaluable to us. We look forward to continuing our partnership with such a dependable partner," Mirani affirmed.
Moving towards a bright future, he also mentioned their plans to reinvest the savings they made from the Meralco solutions by purchasing more land for further developments.
Meralco Biz Head and Senior Assistant Vice President Engr. Roberto Galang, PEE, ACPE said, “Mirax and Rima’s commitment to building a sustainable future aligns perfectly with our vision of empowering businesses to thrive while minimizing their environmental impact. This partnership allows us to go beyond simply providing reliable power; we implement innovative solutions that optimize energy usage and create cost-effective, eco-friendly developments.”
Let Meralco Biz power a brighter tomorrow for your business. To read more of our customers' success stories, click here.