Small Player Rockport Power Enters Philippine Retail Electricity Market

The Philippine retail electricity market, long dominated by major power generation firms, is beginning to open up to smaller competitors. Rockport Power Inc., a newly licensed retail electricity supplier, announced on Thursday that it has entered into an energy supply agreement with King Global Sanitary Products, a Filipino manufacturer of hygiene essentials. King Global operates manufacturing facilities for paper products, and this partnership marks a step forward for both companies in the evolving energy landscape.