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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Musinsa picks Philippines as K-fashion hub

Lifestyle 0
South Korean fashion platform Musinsa is making the Philippines a springboard for its Southeast Asian ambitions, betting that the country’s young consumers can help turn Korean fashion’s popularity into a bigger retail business.

2GO growth gains momentum as sea travel demand rises

Transport & Logistics 0
2GO Group Inc. expects growth to remain broad-based across its shipping, passenger, and logistics businesses, with higher airfares making sea travel a more attractive option for passengers heading to the Visayas and Mindanao.

ABS-CBN raises P6B to fund media reboot

Communications & Technology 0
ABS-CBN Corp. is raising P6 billion in fresh equity as the media giant looks to shore up its balance sheet and accelerate a business reset built around content, intellectual property, and entertainment.

VinFast expands EV footprint with stronger support

Transport & Logistics 0
VinFast Philippines is strengthening its foothold in the country’s growing electric vehicle (EV) market by expanding its dealership and after-sales network, betting that easier access to service, parts, and charging will help drive wider adoption.

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