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.
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.
The Department of Environment and Natural Resources (DENR) is investigating a trash landslide at a sanitary landfill in Barangay San Isidro, Rodriguez, Rizal.
Clark Development Corp. (CDC) generated P6.83 billion in revenues and P3.81 billion in net income in 2025, underscoring the sustained growth of the Clark Freeport as one of the country’s premier economic hubs.
Proposals to launch electric vehicle (EV) manufacturing under the government’s Electric Vehicle Industrial Strategy (EVIS) must be examined more closely to ensure scale, sustainability, and industry alignment, according to Alfred Ty, chairman of Toyota Motor Philippines Corp..
Lopez-led First Gen Corp. has won a Gold Anvil award from the Public Relations Society of the Philippines(PRSP) for its corporate social responsibility (CSR) program that supports the Mamanwa indigenous community in Mindanao.