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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Avida builds climate resilience into housing projects

Avida Land is building climate resilience into its residential projects, using flood assessments, stormwater controls, and water- and energy-efficient features to reduce property risks as extreme weather becomes more frequent and severe.

Shell Pilipinas, Yanson Group renew fuel supply pact for H2 2026

Shell Pilipinas Corporation and Yanson Group of Bus Companies have renewed their fuel supply agreement for the second half of 2026, extending a long-standing partnership critical to public transport. Through Shell Fleet Solutions, Shell will continue supplying fuel and mobility support to Yanson’s operations across major Visayas and Mindanao routes.

Globe steps up 917 GDay 2026 rewards with G Raffle Rush comeback

Globe amplifies customer appreciation this 917 GDay 2026 through the return of G Raffle Rush, offering prizes ranging from daily essentials and treats to travel packages, a brand-new BYD Atto 2 DM-i Premium car, and Avida residential properties including a house and lot and a one-bedroom condo unit.

Meralco cuts rates for second consecutive month

Customers of Manila Electric Company (Meralco) are set to benefit from back-to-back rate reductions as the utility announced another decrease of P0.0409 per kWh in the electricity rate this September.

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