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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Philippines leads ASEAN push to cut trade barriers

The Philippines is using its 2026 ASEAN chairship to push a more predictable regional trading environment, with lower trade barriers, faster customs processes and deeper digital integration emerging as priorities for businesses across Southeast Asia.

Starlink seeks NTC nod for two data transmission roles under Konektadong Pinoy rules

Starlink Internet Services Philippines Inc. has filed applications with the National Telecommunications Commission (NTC) to operate in two key data transmission segments: Core/Backbone Network Provider and International Gateway Facility Provider.

DigiPlus turns first Brazil revenue; maps more expansion beyond Asia

DigiPlus Interactive Corp. has started generating revenues from its Brazil operations, marking a key milestone in the firm’s push beyond Asia.

Aznar Shipping earmarks P504M for 2 RoRo vessels in 2027

CEBU-BASED Aznar Shipping Corp. will invest P504 million to acquire two new roll-on/roll-off passenger vessels next year, backed by proceeds from its planned initial public offering.

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