Tag: AboitizPower

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AboitizPower profit climbs in 3Q on strong hydro, higher margins

Aboitiz Power Corp., the power generation and distribution unit of the Aboitiz Group, posted a net income of P10.6 billion in the third quarter, a 5 percent gain from the year-earlier period, driven mainly by improved margins from its generation segment.

Thunder Consortium wins CBK Hydro bid

Aboitiz Power Corp. said its wholly-owned subsidiary, Aboitiz Renewables, Inc., has received confirmation from the Power Sector Assets and Liabilities Management Corp. (PSALM) that the Thunder Consortium has been awarded the sale and privatization of the Caliraya-Botocan-Kalayaan (CBK) Hydroelectric Power Plant Complex.

AboitizPower gets nod to list fixed-rate bonds on PDEx

Aboitiz Power Corp. said it has secured approval from the Philippine Dealing and Exchange Corp. (PDEx) to list the first tranche of its retail...

300 MW Meralco, AboitizPower EPSA ends

The power distributor Manila Electric Co. (Meralco) is now compelled to temporarily procure supply from the Wholesale Electricity Spot Market (WESM) as the contracted emergency power supply agreement (EPSA) with Aboitiz Power Corp. worth 300 megawatts (MW) ended on Wednesday.

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NPC activates P154-M power projects in Marinduque for better supply

The National Power Corporation (NPC) has energized a new 69-kilovolt transmission line and a 5-megavolt amperes substation linking Mogpog and Buenavista in Marinduque, aiming to improve power reliability across the island province.

FPA files raps vs illegal fertilizer maker in North Cotabato

The Fertilizer and Pesticide Authority (FPA) has filed a criminal complaint against DQB Green Agricultural Products Trading owner Quiara Fabian Baterina for unauthorized fertilizer manufacturing in Makilala, North Cotabato.

Discovery Capital taps BDO credit line to expand SME lending

Discovery Capital Finance Corp. (DCFC) has secured a new credit facility from BDO Unibank, boosting its capacity to finance small and medium enterprises (SMEs) as non-bank lenders play a growing role in narrowing the country's longstanding credit gap.

SM Prime racks up accessibility awards as inclusive design gains prominence

SM Prime Holdings Inc. strengthened its position as one of the country's leading advocates of accessible infrastructure after receiving 14 distinctions at the 31st Apolinario Mabini Awards, reflecting the growing importance of inclusive design in Philippine real estate.

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