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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PNB delivers strong 9-month performance with 15% net income growth

The Philippine National Bank (PNB) recorded a net income of ₱21.3 billion for the nine months ended September 30, 2026, marking a 15 percent increase from ₱18.5 billion during the same period last year. The performance underscores the bank’s disciplined execution, expanding core operations, and strengthening capital base as it drives long-term value creation.

Senator dela Rosa ‘armed and dangerous’, P50M bounty set

Interior and Local Government Secretary Jonvic Remulla has declared Senator Ronald “Bato” dela Rosa an “armed and dangerous” fugitive and announced a P15-million bounty for his arrest, intensifying the government’s pursuit of the senator.

NAIA international traffic up despite global aviation disruptions

International passenger traffic at Manila’s Ninoy Aquino International Airport (NAIA) rose 2.6 percent year-on-year to 19.93 million from Jan. 1 to Oct. 22, 2026, as demand held firm despite disruptions to global aviation from the Middle East conflict.

DA readies P2.9B farm competitiveness fund, initially targets 12 applicants 

The Department of Agriculture (DA) is preparing to roll out a P2.9-billion fund intended to help agricultural cooperatives expand production and improve their competitiveness, with the agency initially targeting about 12 applicants.

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