Tag: AboitizPower

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Negros Power, AboitizPower deal fast tracks post-Tino recovery

Energy & Mining Context.ph Context.ph -
Negros Power has secured a five-year, 20-megawatt baseload supply contract with Aboitiz Power Corp.’s Therma Visayas, a deal expected to fortify energy security as Central Negros works to fully recover from Typhoon Tino’s damage.

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

Energy & Mining Context.ph Context.ph -
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

Energy & Mining Context.ph Context.ph -
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

Corporate Context.ph Context.ph -
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

Energy & Mining Context.ph Context.ph -
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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Partnership boosts fraud protection and compliance for Filipino seafarers’ digital payments

Corporate Bulletins 0
Global compliance technology firm Sumsub has partnered with Philippine seafarer‑focused digital payments platform MarCoPay to boost customer onboarding, continuous compliance checks and real‑time transaction monitoring under the Anti‑Financial Account Scamming Act (AFASA).

PCCI honors two Filipino innovations at 2026 Alfredo M. Yao Innovation Awards

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Two home‑grown Filipino breakthroughs focused on healthcare access and sustainable sanitation have been recognized at this year’s Alfredo M. Yao (AMY) Innovation Awards, held at the Manila Hotel during the 52nd Philippine Business Conference and Expo. Organized by the Philippine Chamber of Commerce and Industry, the annual awards highlight socially relevant inventions from student and professional innovators that can drive national economic development.

LRMC opens 24‑hour park‑and‑ride at LRT‑1 Dr. Santos Station to boost rail commuter shift

Transport & Logistics 0
The Light Rail Manila Corp. (LRMC), private operator of the Light Rail Transit Line 1, has launched a round‑the‑clock parking facility at Dr. Santos Station in Parañaque City, a key commuter incentive designed to encourage motorists to switch from private cars to public rail transport.

BPI Wealth launches corporate PERA to expand workplace retirement savings for Filipinos

Banking & Insurance 0
BPI Wealth, the wealth management division of Bank of the Philippine Islands, has rolled out the BPI Corporate Personal Equity and Retirement Account or PERA, a workplace‑based retirement benefit introduced during the “Building Better Futures 2026: Retirement in the Age of Longevity, A New Leadership Imperative” event as part of the firm’s Wealth Wellness Month.

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