Tag: AboitizPower

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AboitizPower profit climbs in 3Q on strong hydro, higher margins

Energy & Mining Context.ph Context.ph -
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

Energy & Mining Context.ph Context.ph -
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

Corporate Context.ph Context.ph -
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

Energy & Mining Context.ph Context.ph -
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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Sweeping fuel excise tax suspension risks P43.6B in revenue loss

Energy & Mining 0
The government could forgo up to P43.6 billion in revenues if it suspends excise taxes on all fuel products for three months, a senior Finance official said, highlighting the fiscal trade-offs as authorities move to cushion consumers from elevated oil prices.

DA: Rice supply stable despite rising costs

Agriculture 0
The Department of Agriculture (DA) on Tuesday said rice supply in the Philippines remains stable even as global fuel and fertilizer prices rise.

Vacancies rise as office, condo markets cool—Colliers

Property 0
Metro Manila’s property market is turning cautious, with office leasing decisions slowing and condominium developers dialing back new launches as vacancies climb, according to Colliers Philippines.

DA launches P20/kg rice program in Makati

Agriculture 0
The Department of Agriculture (DA) on Tuesday rolled out its P20 per kilo rice program in Makati City, serving about 750 beneficiaries during the launch attended by Mayor Nancy Binay and other local officials.

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