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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Metro Pacific Water begins turning around SJDM supply

Metro Pacific Water (MPW) is beginning to reverse years of water infrastructure neglect in San Jose del Monte, Bulacan, restoring water service to more than 3,500 households within just two weeks of taking over as the city's interim water operator.

Tech giants Zoho boosts Philippine investments with news agentic AI and unified software solutions

Global technology firm Zoho Corporation has announced a deeper investment in the Philippines to meet the country's surging demand for integrated, AI-ready business software.

Smart activates new 4G sites in Bohol towns

Smart Communications, Inc. has expanded its 4G/LTE network across the province, launching 11 new cell sites in the municipalities of Maribojoc and Antequera.

Philippines gains ground, but SDG race tightens

The Philippines has made measurable gains toward achieving the United Nations' Sustainable Development Goals (SDGs). But the country remains off pace on most targets, highlighting the challenge of translating progress into meaningful outcomes before the 2030 deadline.

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