13 August 2025

The Independent Electricity Market Operator of the Philippines (IEMOP), as the market operator of the Philippine Wholesale Electricity Spot Market (WESM), gives notice that TeaM Energy Corporation (TECRAT) has notified IEMOP on 14 July 2025 that it shall cease its membership in the WESM as Direct WESM Member – Directly Connected Customer Category.

IEMOP has confirmed the cessation of the  TeaM Energy Corporation’s WESM membership to be effective on 28 August 2025.  This notice is being issued pursuant to WESM Rules clause 2.6.3.

13 August 2025, Pasig City, Philippines.

INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES