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.
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.
Gender diversity in senior management is becoming a decisive factor in where professionals choose to work, as job seekers increasingly scrutinize companies for the presence of women in leadership roles.
When Ryna Brito-Garcia launched Sunlight Air in 2020, the global aviation industry was in survival mode. Airlines were grounding fleets, slashing routes, and bracing for turbulence as the pandemic emptied airports worldwide.
On a chilly Friday night in the California desert, with the clock creeping toward midnight, Alex Eala delivered a debut worthy of the glare and grandeur of the BNP Paribas Open.