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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Marcos Council clears key LRT-1 common station upgrade

Transport & Logistics 0
The Economy and Development (ED) Council chaired by President Ferdinand Marcos Jr. has approved a key variation order for the Light Rail Transit Line 1 (LRT-1) South Extension Project, removing another hurdle to the long-awaited opening of the Common Station, the centerpiece of Metro Manila's integrated rail network.

Stratbase pushes stronger deterrence beyond WPS ruling

Economy 0
A decade after the Philippines won a landmark international legal victory against China, a policy think tank is urging the government to shift its focus from legal triumph to military readiness. it argued that credible deterrence has become the country's next strategic imperative in the West Philippine Sea.

Berde locks in solar, battery dea to power expansion

Energy & Mining 0
Green energy developer Berde Renewables is ramping up its clean energy expansion with a major equipment supply agreement that secures 200 megawatts of solar capacity and 500 megawatt-hours of battery storage, strengthening its pipeline of commercial and industrial projects in the Philippines and Thailand.

Upper-middle status masks  Philippines’ growing housing affordability crisis

Lifestyle 0
The Philippines' new upper middle-income status may have boosted its global economic standing, but for many aspiring homeowners, the dream of owning a house remains stubbornly out of reach.

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