MAY 2003

May 15, 2003, the SBMA, Aboitiz Equity Ventures (AEV), and Davao Light and Power Company (DLPC) entered into a Distribution Management Services Agreement (DMSA) for the privatization of the SBMA's Power Distribution System

JUNE 2003

Subic EnerZone Corporation was incorporated on June 3, 2003

AUGUST 2003

August 5, 2003, the company was registered with the SBMA as a Subic Bay Freeport Enterprise in accordance with Republic Act No. 7227, otherwise known as the Bases Conversion and Development Act.

OCTOBER 25 2003

Subic EnerZone started commercial operations on October 25, 2003

OCTOBER 2005

The company transferred to its new administration building located at the corner of Canal Road and Labitan St. on October 15, 2005 from its old office at the SBMA-owned Building 502 along Dewey Avenue. Now in the heart of the Central Business District

JANUARY 2007

MEZ & BEZ was incorporated in January 2007 when AboitizLand spun off the power distribution system of its MEPZ II project