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.
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.
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.
The Bureau of Customs’ 2025 lists of top importers at the Port of Batangas and the Manila International Container Port (MICP) reveal more than a split in economic roles—they show how location dictates the direction, speed, and cost of trade.
Fiber broadband provider Converge ICT Solutions Inc. announced it has completed its National Digital Infrastructure, a major network designed to support advanced technologies and boost the country’s role in the global digital economy.
San Miguel Corporation (SMC) Infrastructure will roll out a two-month toll rebate program for select public utility vehicles (PUVs) and cargo trucks using the South Luzon Expressway (SLEX) and STAR Tollway.
The Southville Global Education Network (SGEN), a group of schools from early childhood to postgraduate level, has shifted to renewable energy for its power needs through a partnership with First Gen, the country’s largest renewable energy provider.