Tag: AboitizPower

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Negros Power, AboitizPower deal fast tracks post-Tino recovery

Negros Power has secured a five-year, 20-megawatt baseload supply contract with Aboitiz Power Corp.’s Therma Visayas, a deal expected to fortify energy security as Central Negros works to fully recover from Typhoon Tino’s damage.

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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Quorn turnaround boosts Monde Nissin earnings, dividend payout

Monde Nissin Corp. returned its struggling Quorn meat-free protein business to operating profitability in the first nine months of 2026, helping lift group earnings and giving the food manufacturer room to raise its cash dividend.

Palawan upskills LGU staff in AI to deliver faster, better public services

Technology serves its greatest purpose when it directly answers the everyday needs of communities, and Palawan is putting that principle into practice.

SMFB 9-month revenue edges up, but higher costs and softer demand weigh on profits

San Miguel Food and Beverage, Inc. (SMFB) saw its top line grow 2 percent to P309.6 billion in the first nine months of 2026, proving resilient against high inflation, rising commodity costs, and slower economic growth that stretched household budgets.

DPWH enforces strict documentation rules to safeguard 2027 budget following P8.8-billion project cuts

The Department of Public Works and Highways (DPWH) will keep in place tighter documentation standards for all infrastructure projects, after the Senate removed 295 proposed projects valued at P8.8 billion from the 2027 national budget because of incomplete supporting papers.

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