Tag: AboitizPower

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Negros Power, AboitizPower deal fast tracks post-Tino recovery

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

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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Malampaya safety record bolsters reliability as gas expansion nears

Prime Energy’s Malampaya Onshore Gas Plant (OGP) in Batangas has marked 25 years without a recordable safety incident involving harm to people or a significant process safety incident, underscoring the importance of operational discipline as the Philippines moves to expand indigenous natural gas production.

The coding exemption that comes with a catch

Filipino motorists appreciate the freedom to leave the house on a given morning without checking the last digit of the license plate. In Metro Manila, this can be worth a surprising amount of money. A day without number coding means another day of using the car, another day without arranging a ride, another day without pondering why a perfectly serviceable vehicle has to stay in the garage. So when a salesperson mentions that a particular electrified vehicle can be driven even on its coding day, a prospective buyer has incentive to sit up a little straighter.

Tanduay returns to Whisky Live Manila 2026, showcases Filipino craftsmanship and new Sauternes cask rum

Tanduay is set to present Filipino rum-making heritage and...

Converge cements top employer status with triple win at 2026 HR Asia Awards

Converge ICT Solutions Inc. has secured a historic triple distinction at the 2026 HR Asia Best Companies to Work for in Asia Awards, cementing its reputation as a leading Philippine employer. The fiber broadband and tech provider took home top honours across three categories: Best Companies to Work for in Asia, Diversity, Equity and Inclusion, and Sustainable Workplace.

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