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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GCash wins top YouTube award as AI campaign drives loans

GCash emerged as the biggest winner at the YouTube Works Awards Philippines 2026, capturing the coveted Best of Philippines award with a campaign that turned creative storytelling and artificial intelligence into measurable business growth.

Forest policy targets P38T value, draws investors

The Department of Environment and Natural Resources (DENR) has issued Administrative Order 2026-34 to attract responsible, climate-smart investments to suitable forest lands.

SC dismisses VP Duterte impeachment petitions as moot

The Supreme Court on Wednesday dismissed the consolidated petitions filed by Vice President Sara Duterte and lawyer Israelito Torreon questioning the House of Representatives' handling of the impeachment complaints, ruling that the cases had become moot after the Articles of Impeachment were transmitted to the Senate. 

PH1 World tops off first expanded 4PH housing tower

PH1 World Developers has completed the first major construction milestone for its flagship project under the government's Expanded Pambansang Pabahay Para sa Pilipino (4PH) Program, signaling accelerating private sector participation in efforts to narrow the country's housing backlog.

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