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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Government halts new ride-hailing and motorcycle taxi sign-ups

Transport & Logistics 0
Transportation Secretary Giovanni Lopez has ordered a stop to the onboarding of new drivers and riders by ride-hailing and motorcycle taxi companies.

Cebu authorities partially lifts CDO vs Cebu landfill project

Environment 0
The Department of Environment and Natural Resources – Environmental Management Bureau Region 7 (DENR-EMB 7) announced today that it has partially lifted the cease and desist order (CDO) on Prime Integrated Waste Management Inc. for its Binaliw Sanitary Landfill Project. The decision comes after the company fulfilled key remediation and operational commitments.

Philippines keeps clean IP record, eyes risks

Trade & Investments 0
The Philippines has stayed off the United States’ intellectual property watchlist for a 13th straight year, underscoring sustained progress in enforcement even as risks tied to counterfeit goods persist.

Japanese envoy visits Manila to strengthen economic and energy cooperation

Context Dispatch 0
Japanese Special Envoy Mr. Kishida Fumio, representing Prime Minister Takaichi Sanae, visited the Philippines for high-level talks with President Ferdinand Marcos Jr. and Energy Secretary Sharon Garin. The visit highlights Japan’s growing focus on enhancing regional energy security, economic growth, and decarbonization through the Asia Zero Emission Community (AZEC).

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