Tag: AboitizPower

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Negros Power, AboitizPower deal fast tracks post-Tino recovery

Energy & Mining Context.ph Context.ph -
Negros Power has secured a five-year, 20-megawatt baseload supply contract with Aboitiz Power Corp.’s Therma Visayas, a deal expected to fortify energy security as Central Negros works to fully recover from Typhoon Tino’s damage.

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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New dining and retail spaces open at NAIA Terminal 2 departure area

Transport & Logistics 0
Passengers traveling through Ninoy Aquino International Airport Terminal 2 can now access expanded food and shopping choices following the official launch of new establishments at the North Wing departure airside. The addition provides travelers with more places to eat, rest, and make last-minute purchases after passing through security.

Rice harvests seen to drop by  million metric tons amid weather and cost pressures 

Top News 0
The Philippines is bracing for a decline in local palay production this year, with output expected to drop by at least 1 million metric tons due to severe weather patterns and soaring input costs, according to the Department of Agriculture.

GSIS releases P1.69-B emergency loan package for members, pensioners hit by El Niño, dengue crisis

Banking & Insurance 0
The Government Service Insurance System has set aside P1.69 billion in emergency lending assistance to help nearly 69,000 members and pensioners in three calamity-stricken areas weather the dual impacts of severe El Niño conditions and a worsening dengue outbreak.

DA firm on cancellation of Vietnam rice import shipment amid friction with agri players 

Agriculture 0
Agriculture Secretary Francisco Tiu Laurel Jr. has stood firm on the necessity of canceling the import permit for 12,480 metric tons of Vietnamese rice, framing the decisive action as a key component of the administration's broader policy to protect local farmers, curb unnecessary importation, and enforce strict agricultural regulatory standards.

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