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.
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.
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.
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.
The Philippines is setting its sights firmly on Japan’s high-value horticulture market, using Green X Expo 2027 in Yokohama to boost exports, attract investment, and showcase the country’s shift toward climate-resilient agriculture.
A public scoping meeting is scheduled for October 15, 2026 for the ₱250–300 million broiler breeder farm expansion in Barangay Buenavista, led by DENR-EMB and proponent Charoen Pokphand Foods Philippines Corp. (CPFPC).
Phinma Corp. is eyeing Vietnam as a key new market to grow its already expanding network of educational institutions across Southeast Asia, company leadership has confirmed.