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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AG&P expands Batangas hub to capture global infrastructure demand 

AG&P Industrial is betting that the next wave of global infrastructure spending will require bigger factories, faster execution and smarter manufacturing, prompting the company to build a new 85-hectare fabrication yard in Batangas that will significantly expand its production capacity.

BDO Unibank H1 2026 net incone rises to ₱40.7 billion on strong core operations

BDO Unibank, Inc. reported a net income of ₱40.7 billion for the first half of 2026, a modest increase from the ₱40.6 billion recorded in the same period a year earlier, supported by steady performance across its core business segments, with return on equity reaching 12.7 percent.

AMRO keeps Philippines growth forecast, cuts inflation outlook

The Philippines' near-term growth outlook remains subdued, but easing inflation could offer policymakers more room to support the economy as global headwinds begin to soften.

Senate President Gatchalian targets prices, power, jobs in agenda

Senate President Sherwin Gatchalian opened the 20th Congress with a legislative agenda aimed squarely at the issues weighing most heavily on Filipino households, signaling that the chamber intends to focus less on politics and more on the cost of living.

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