Tag: AboitizPower

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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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NLEX wades into flood fight early

Tollway operator NLEX Corp. has begun clearing major waterways in the capital, aligning with the government’s Oplan Kontra Baha program as authorities rush to reduce urban flooding before the rainy season.

Bloomberry bets on north as profits fold

Bloomberry Resorts Corp., the gaming venture of tycoon Enrique Razon Jr., closed 2025 in the red after a year marked by softer VIP demand, regulatory headwinds, and the costly ramp-up of its newest property, even as its northern expansion showed early promise.

Aboitiz Equity holds profits, pushes ‘techglomerate’ vision

Aboitiz Equity Ventures Inc., the investment holding company of the diversified Aboitiz Group, kept its earnings steady in 2025 while accelerating its push to transform into a “techglomerate,” underscoring the conglomerate’s strategy of layering digital capabilities across its core businesses.

PHINMA trims capex, prioritizes project execution

Capital spending at PHINMA Corporation is expected to moderate in 2026 as the group shifts its focus from launching new investments to completing and monetizing projects already in its pipeline.

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