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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Mynt’s strong investor lineup backs GCash’s solid long-term fundamentals

Mynt Inc.’s roster of more than 20 local and foreign institutional investors for its P92.32 billion initial public offering underscores the firm’s strong long-term fundamentals. The lineup includes major international names making their first such commitments in the Philippines or Southeast Asia, signaling deep confidence in GCash and the country’s digital economy.

Everybody is a scout

There is a particular moment in every Filipino basketball game when somebody on the sidelines becomes a coach. It does not matter if the game is in the PBA, UAAP, NBA, or a barangay court with one hoop, a cracked backboard, and a dog wandering underneath it. Somebody always knows what the team should be doing. “Pass!” “Box out!” “Take the shot!” “Why is he still playing?” It is not necessarily criticism. It is participation.

Aviation officers finish CAAP advanced simulator training

Nine hundred thirty-five Filipino air traffic management officers and controllers have completed comprehensive training using cutting-edge simulators from the Civil Aviation Authority of the Philippines, expanding the country’s skilled aviation workforce to manage national airspace safely and efficiently.

Globe hits 2026 best network marks in DICT’s August report card

Globe Telecom Inc. turned in its strongest network performance of the year this past August, earning its highest overall rating and fastest average download speed in the Department of Information and Communications Technology (DICT) Telco Report Card.

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