Tag: AboitizPower

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

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

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

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

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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Business groups hail upgrade, press for deeper reforms

Foreign business groups welcomed the Philippines' elevation to upper middle-income economy status as a strong endorsement of the country's economic progress, while urging the government to accelerate reforms needed to convert the milestone into sustained investment and long-term growth.

Merienda gets sweeter with McDonald’s new snack lineup

Merienda just got a little more tempting.

Ayala earmarks P5 billion for bigger ALI stake

Ayala Corp. has set aside P5 billion to buy additional shares in Ayala Land Inc. (ALI), signaling continued confidence in the property giant as the conglomerate expands its share buyback program amid subdued market valuations.

EastWest backs top teachers as exclusive partner of TOGA 2026

East West Banking Corporation served as the exclusive bank partner for JCI Manila’s 5th Ten Outstanding Guro Awards (TOGA 2026), an event held at PHINMA Plaza in Makati City to honor exceptional Filipino educators whose work transforms lives and communities nationwide.

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