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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Vivant’s COREnergy to supply 0.6MW power to Cebu’s JEG Tower under 2-year fixed-rate deal

Energy & Mining 0
COREnergy, the energy retail subsidiary of listed firm Vivant Corp., has secured a contract to supply 0.6 megawatts of electricity to JEG Tower in Cebu City, marking a key expansion of its commercial client base and advancing its parent group’s broader energy investment and growth targets.

Low conviction rate in power theft cases fuels reform push; DOE proposes phased removal of non-technical systems loss charges

Energy & Mining 0
Only 21 out of 548 electricity pilferage cases recorded since 2022 have resulted in convictions, data presented at the Senate Committee on Energy hearing on August 18 showed, revealing severe enforcement gaps under Republic Act 7832 or the Anti-Electricity and Electric Transmission Lines/Materials Pilferage Act of 1994.

Agri damage hits P1.73B; TD Neneng now included

Agriculture 0
Agricultural losses from the enhanced monsoon and storms Luis, Maymay, and TD Neneng rose to P1.73B, the DA said in its Aug. 20, 7 a.m. advisory — up from P1.42B on Aug. 17 before Neneng’s effects were tallied.

PSE sets Robinsons Retail delisting on Aug 31

Corporate 0
Robinsons Retail Holdings Inc. (RRHI), part of the Gokongwei Group, is set to end its tenure as a publicly listed company at the end of August, after the Philippine Stock Exchange approved its petition for voluntary delisting.

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