Tag: AboitizPower

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AboitizPower profit climbs in 3Q on strong hydro, higher margins

Energy & Mining Context.ph Context.ph -
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

Energy & Mining Context.ph Context.ph -
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

Corporate Context.ph Context.ph -
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

Energy & Mining Context.ph Context.ph -
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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Tanita considers Philippines for new ASEAN plant

Education, Health & Science 0
Japanese health technology firm Tanita Corp. is considering the Philippines as the site of a new export-oriented manufacturing facility, a potential investment that could generate about P2 billion in export sales and create around 500 jobs within five years of operations.

FAST powers up warehouses with solar expansion

Energy & Mining 0
FAST Logistics Group is ramping up its renewable energy investments, unveiling plans to install solar power systems across its nationwide warehouse network as it pushes to build a greener and more resilient supply chain.

Visa launches global learning platform to upskill PH payment experts

Corporate 0
Visa has launched Visa University, a global learning platform that brings together the company’s industry expertise and real‑world case studies. Customized courses are now open to banking, finance, and payments professionals in the Philippines to strengthen technical know‑how and industry education.

Peso weakness, food cost seen driving May inflation as high as 7.9% – BSP

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The Bangko Sentral ng Pilipinas forecasts inflation for May between 7.1 and 7.9 percent, driven mainly by costlier rice, vegetables, and meat, plus a weaker peso.

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