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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Aboitiz, DOE, NPC join forces for nuclear site studies

The Department of Energy (DOE) confirmed having signed a memorandum of understanding (MOU) with Aboitiz Power Corp. and the National Power Corp. (NPC) to conduct comprehensive studies on potential nuclear power plant sites across the Philippines, including the Bataan Nuclear Power Plant (BNPP).

Public scooping set for Surigao coal mining project

The Department of Environment and Natural Resources – Environmental Management Bureau (DENR-EMB) will hold a public scoping on June 2, 2026, for a proposed coal mining project in Lingig, Surigao del Sur.

Ayala, CP Axtra expand Makro’s reach

The Ayala Group has signed a cooperation deal with Thailand’s CP Axtra to improve Makro malls in Thailand, combining Ayala’s property expertise with CP Axtra’s retail network.

PEZA woos Australian firms, expansions accelerate

The Philippine Economic Zone Authority (PEZA) is stepping up its push to position the Philippines as a regional digital services and innovation hub, using the Digital Health Festival 2026 in Melbourne as a platform to court fresh Australian investments while securing expansion commitments from existing locators.

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