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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Agri damage from enhanced habagat, 3 cyclones hits P1.91B

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Agriculture sector damage from the enhanced southwest monsoon and Tropical Cyclones Luis, Maymay and Neneng has risen to P1.91 billion, per the Department of Agriculture (DA) 12 noon advisory. This is up from the P1.79 billion reported August 22.

A Brown expands water business with subsidiary 

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A Brown Co. Inc. is expanding its water business after securing authority to subscribe to an additional 20 million common shares in its subsidiary, AB Bulk Water Company Inc., as the group prepares to consolidate its water assets and pursue new projects.

SEC advances to next reform phase to ease startups, boost capital market access and liquidity

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The Securities and Exchange Commission (SEC) on Monday unveiled the next phase of its reform agenda, introducing targeted measures to cut red tape, speed up business formation, lower costs, and strengthen liquidity and competitiveness across the Philippine capital market. The announcement comes as SEC chairman Francis E. Lim marks his first year in office.

Michelin sees strong growth opportunities in Philippines

Transport & Logistics 0
French tire maker Michelin is seeing strong growth opportunities in the Philippines as evolving mobility patterns and more discerning consumers drive demand for safer, more innovative, and sustainable transport solutions.

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