Tag: AboitizPower

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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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Mitsubishi Power signs long-term parts and services deal for 1,200 MW Batangas power plant

Energy & Mining 0
Mitsubishi Power has entered into a long-term parts and services agreement (LTPSA) with LNGPH and its subsidiary South Premiere Power Corp. (SPPC) for the 1,200 MW Ilijan combined cycle natural gas-fired power plant.

DA backs immediate shift to 5% coconut biodiesel blend

Energy & Mining 0
The Department of Agriculture (DA) has endorsed Resolution No. 03, Series of 2026, calling for the immediate implementation of the 5 percent coconut methyl ester (CME) biodiesel blend or B5. The proposal has been forwarded to the Senate and the Department of Energy (DOE).

Big fuel price rollbacks for diesel, kerosene this week – DOE

Energy & Mining 0
The Department of Energy (DOE) announced that local fuel companies will implement significant price reductions starting this week.

AirAsia Philippines begins fleet modernization, introduces Airbus A220

Transport & Logistics 0
AirAsia Philippines is gradually phasing out older aircraft as part of its fleet modernization program, the budget carrier announced Monday.

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