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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La Viña: Legarda-Leviste cases “classic lawfare”

Human rights lawyer Antonio Gabriel La Viña has rejected plunder and graft allegations against Sen. Loren Legarda and her son, Batangas Rep. Leandro Leviste, calling the cases “classic lawfare" and a form of political persecution.  As spokeperson and part of Legarda's legal team, La Viña said no formal charges have been filed in court and both have submitted counter-affidavits to the Ombudsman. He maintained that Legarda has no ownership or role in Leviste’s solar companies and committed no wrongdoing. “Responsibility is personal. Motherhood should not become evidence against her,” he said, warning against using legal proceedings for political ends.

Globe staff’s AI solutions deliver tangible business value

Globe employees are turning AI from concept into practical tools that boost operations and customer service, highlighted at the recent Globe AI Showcase.

CBS expands digital lending to DepEd staff via PLDT, Samsung tie-up

China Bank Savings (CBS) is bolstering its field-based lending services for Department of Education (DepEd) teachers and non-teaching employees through a strengthened collaboration with PLDT Enterprise and Samsung Electronics Philippines.

BSP links MSMEs to more funding sources at forum

The Bangko Sentral ng Pilipinas (BSP) brought micro, small, and medium enterprises (MSMEs) closer to banks and lenders through the MSME Financing Forum held at its main office on September 11, 2026.

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