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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PNB exec named among top ASEAN investment selectors for 2026

Philippine National Bank (PNB) has announced that Mark Gieron De Mesa, head of wealth solutions, has been included in Citywire Asia’s Top 25 ASEAN Selectors 2026 list. He is one of eight Filipino professionals recognized this year for excellence in fund selection and portfolio management across the region.

Foundation draws work-ready scholars from Bacolod university

In Bacolod City, Negros Occidental, Tubig Pilipinas Foundation Inc. (TPFI) has officially partnered with National University (NU) Bacolod through Project KINABUKASAN, an initiative created to help qualified students from host communities earn college degrees and build careers within their home region. Under this agreement, two scholars from Barangays Abo-Abo and Caliban in Murcia, Negros Occidental will receive full tuition coverage, education allowances, and academic support for courses linked to community and national development, such as Civil Engineering, Architecture, Accountancy, and Computer Science.

Chinese brands, EVs steal spotlight at PIMS

The Philippine automotive industry's shifting landscape was on full display at the 10th Philippine International Motor Show (PIMS), where electrified vehicles and the growing presence of Chinese automakers emerged as the event's dominant themes.

PEZA courts VinFast as EV investments accelerate

The Philippine Economic Zone Authority (PEZA) is positioning itself to capture a larger share of Southeast Asia's fast-growing electric vehicle (EV) supply chain, with Vietnam's VinFast emerging as a potential new investor as Indonesian automotive manufacturers expand their presence in Philippine economic zones.

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