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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Gov’t weighs EV tariff extension, calibrated incentives

The government is weighing a longer extension of zero tariffs on electric vehicles but wants to recalibrate incentives so stronger EV demand eventually translates into local assembly, manufacturing investment, and a wider charging network.

PEZA eyes record investment haul on P200B pipeline

The Philippine Economic Zone Authority (PEZA) is poised to exceed its investment registration target this year, with a roughly P200-billion pipeline of major projects potentially pushing approvals past its previous record.

RCBC wins two 2026 Philippine Quill Awards

Rizal Commercial Banking Corp. (RCBC) won two honors at the 2026 Philippine Quill Awards for communication campaigns aimed at widening access to formal financial services and bringing digital banking closer to underserved Filipinos.

URC expands potato trials to lift farmer incomes

Potato farmers in Benguet are testing seven new varieties alongside the familiar Granola in a bid to raise productivity, widen planting options and strengthen the commercial viability of one of the Cordillera’s key vegetable crops.

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