Tag: AboitizPower

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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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Local defense manufacturing push gains ground 

Trade & Investments 0
A Philippine-led effort to build a domestic defense manufacturing industry is moving closer to reality, with Stone of Hope Defense (SOHD) seeking government registration for a project that could eventually lead to full-scale local production of firearms and defense equipment.

BSP raises key policy rate by 25 basis points to curb inflation pressures

Top News 0
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has decided to increase the target reverse repurchase (RRP) rate by 25 basis points, bringing it to 4.75 percent.

SMC launches Butuanon River cleanup in Cebu to help reduce flooding

Environment 0
San Miguel Corporation (SMC) has started a river cleanup project along the Butuanon River in Mandaue City, Cebu, as part of its Better Rivers PH program. This initiative supports the government’s Oplan Kontra Baha to address flooding issues.

Maya joins THINKaMuna Pilipinas Council to boost fight vs financial scams, digital literacy

Corporate Bulletins 0
Digital financial service provider Maya has become part of the THINKaMuna Pilipinas Council, joining efforts to combat financial scams and improve digital knowledge among Filipinos.

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