Malvar Enerzone was incorporated on June 9, 2017 to serve and provide locators within the Light Industry & Science Park IV (LISP IV) in Malvar, Batangas. Malvar Enerzone will manage the operation and maintenance of the power distribution of LISP IV for 25 years. LISP IV has two 50-MVA transformers to provide reliable and quality power to locators, which are mostly from manufacturers and exporters. Malvar Enerzone served a total of 14 captive industrial locators, four captive commercial locators and four street lights and one industrial locator under RES. 

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As of February 28, 2023, AboitizPower directly owned a 100% equity interest in Malvar Enerzone.