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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Diesel prices seen dropping further; gasoline may edge up

A local fuel retailer said diesel prices are expected to go down again this week, with possible rollbacks of around ₱8 to ₱10 per liter.

PNOC seeks advisor for fuel reserve plan; invites buyers for LPG stock

The Philippine National Oil Company (PNOC) is looking for a transaction advisor to help with the government’s planned strategic fuel reserve program.

Philippines eyes bigger role in global trade after WTO meeting

The Philippines is strengthening its trade strategy following gains at the 14th ministerial meeting of the World Trade Organization (WTO), according to Agriculture Secretary Francisco P. Tiu Laurel Jr..

Aboitiz Equity Ventures reports strong 2025 growth, pushes diversification strategy

Aboitiz Equity Ventures (AEV) has reported a 14 percent increase in consolidated earnings before interest, taxes, depreciation, and amortization (EBITDA) to ₱95.4 billion in 2025, driven by steady performance across its businesses.

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