Aboitiz Renewables backs local flowerindustry in Benguet through royalty shares
Aboitiz Renewables, Inc., the renewable energy arm of Aboitiz Power Corporation (AboitizPower), is helping indigenous peoples communities grow their floriculture enterprises through the turnover of more than โฑ600,000.00 royalty shares from its hydropower plants in Benguet.
The Tagadi Aguyao Indigenous People Organization (TAIPO) in Tuba and the Pahnga ni Sabdang Indigenous Peoples Organization (PASIPO) in Sablan are expanding their flower farms and improving production facilities to scale up anthurium farmingโan industry that remains a key part of Benguet’s local economy.
Broken down, โฑ169,664.18 was remitted to TAIPO from the 3.8-MW Risan 1 Hydropower Plant, while โฑ510,000 was given to PASIPO from the 8-MW Ampohaw Hydropower Plant. The royalty shares are seen to benefit more than 50 anthurium farmers.
โWe share the harvest so everyone benefits, and with this expansion, we hope to pass this practice on to future generations,โ said TAIPO President Anita Madarang.
โThe royalty share from Aboitiz Renewables helped us invest more strategically in floriculture,โ said PASIPO President Lilian Balangue, noting planned investments in better planting materials and greenhouses. โWe’re now reaching more buyers and contributing to Benguet’s role as a major flower supplier.โ
Both organizations estimate that their expanded farms could increase production by around 15% in the coming yearsโgrowth they see as vital to sustaining their families and preserving Benguetโs floral heritage.
โBy supporting community-led floriculture through royalty shares, weโre aiding the livelihood of those in our host communities,โ said Noreen Vicencio, Aboitiz Renewables First Vice President and General Manager for Hydro Operations.
Aboitiz Renewablesโ partnership with indigenous communities ensures that the economic benefits of clean energy generation directly empower local livelihoods, making development not just sustainable, but inclusive.
