Tag: Aboitiz InfraCapital

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Aboitiz, Yuchengco groups seal Tarlac estate deal

LIMA Land, Inc., a wholly-owned subsidiary of Aboitiz InfraCapital (AIC), and House of Investments (HI), the holding company of the Yuchengco Group, have entered into a joint venture agreement to co-develop a 184-hectare mixed-use estate in Tarlac.

Western Visayas leaders urge urgent action on integrated water infrastructure

Western Visayas is confronting deepening water insecurity amid fast-paced economic growth—and Aboitiz InfraCapital, Inc. (AIC) and Apo Agua Infrastructura, Inc. stepped forward at Water Dialogue 2025 in Iloilo City on to catalyze a collaborative path forward. 

Aboitiz InfraCapital courts Chinese investors to choose Philippines

Aboitiz InfraCapital Economic Estates is positioning the Philippines as a strategic expansion hub for Chinese companies aiming to grow their footprint in Southeast Asia. 

Aboitiz InfraCapital secures development body nod for P5B Iloilo City water project

Aboitiz InfraCapital, Inc. (AIC), the infrastructure arm of the Aboitiz Group, has secured a key endorsement from the Iloilo City Local Development Council (LDC) for its P5-billion Iloilo Bulk Water Supply Project, a major step toward improving long-term water security in the region.

Mactan-Cebu Intl Airport boosts performance, gears for growth in 2025

Mactan-Cebu International Airport (MCIA), managed by Aboitiz InfraCapital Cebu Airport Corp., is gearing up for higher growth in 2025, building on a series of operational and sustainability milestones achieved in 2024. 

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OceanaGold sets aside P768.43M for Didipio mine rehabilitation and decommissioning

OceanaGold Philippines Inc. (OGPI) has allocated P768.43 million under its Final Mine Rehabilitation and Decommissioning Plan (FMRDP) for the Didipio gold and copper mine that spans Nueva Vizcaya and Quirino provinces. In a statement released Sunday, the listed mining firm confirmed that P551.4 million has already been placed in a trust fund. The company said the fund will keep growing in line with required annual contributions as it moves forward with rehabilitation and closure preparations while the mine remains active.

ERC approves provisional FIT-All rate hike to P0.3359 Per kWh

The Energy Regulatory Commission (ERC) has granted the National Transmission Corporation (TransCo) provisional authority to collect a higher Feed-in Tariff Allowance (FIT-All) rate starting this month. The rate will rise to P0.3359 per kilowatt-hour (kWh) from the existing P0.2011 per kWh, marking an increase of P0.1348 per kWh. This adjustment covers the approved working capital allowance (WCA) rate update.

Meralco backs ERC-ordered P9.5B consumer refund program

Listed Manila Electric Co., the country’s largest power distributor and better known as Meralco, on Sunday said it will immediately comply with the Energy Regulatory Commission's (ERC) directive to refund about P9.5 billion to customers, backing the government's push to deliver quicker and more transparent electricity bill relief.

PCCI says power bill relief must lead to deeper energy reforms

The Philippine Chamber of Commerce and Industry (PCCI) said the government's plan to scrap systems loss charges and the value-added tax (VAT) on electricity bills should serve as a springboard for broader reforms aimed at lowering power costs and improving the country's investment competitiveness.

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