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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Lopez family rift deepens over ‘3rd poison pill’

The leadership dispute within Lopez Inc. has intensified, with controlling shareholders aligned with Eugenio “Gabby” Lopez III flagging what they describe as a “third poison pill” tied to the leadership of Federico “Piki” Lopez at First Gen Corp..

Eala channels Caesar, conquers Italian Open main-draw debut

Alex Eala didn’t just win—she staged a mini Roman epic.

First Gen profit falls 24% in Q1 2026 on reduced gas stake

First Gen Corp. reported a 24 percent drop in net income for the first quarter of 2026, earning P3.6 billion compared to P4.8 billion in the same period last year.

Philippines pushes ASEAN unity, targets concrete gains

The Philippines is calling for deeper integration within the Association of Southeast Asian Nations (ASEAN), warning that stronger regional coordination is now essential as global uncertainties intensify.

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