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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Lucio Tan Group taps First Gen for over 32 MW of geothermal power on major shift to clean energy 

Energy & Mining 0
Diversified conglomerate Lucio Tan Group (LTG) has partnered with leading renewable energy producer First Gen, marking its strategic move to diversify energy sources and reduce dependence on fossil fuels.

AppleOne Medical Group launches specialized heart institute in Davao

Education, Health & Science 0
Brokenshire Medical Center (BMC) has officially opened the BMC Heart Institute, a complete cardiovascular care facility that marks a major step in AppleOne Medical Group’s (AMG) efforts to improve healthcare across the Visayas and Mindanao (VisMin) regions.

AboitizPower breaks ground on 60-MW Naga project to boost Visayas grid reliability

Energy & Mining 0
Aboitiz Power Corporation has officially started construction of its Naga Battery Energy Storage System (BESS), a major facility designed to strengthen power supply stability and meet rising energy demand across the Visayas region.

Court upholds SOCOTECO II rejection of Meralco proposal

Energy & Mining 0
A South Cotabato regional trial court has dismissed a petition seeking to overturn the South Cotabato Electric Cooperative II (SOCOTECO II) board's rejection of Manila Electric Co.'s proposed joint venture, ruling that the dispute falls under the jurisdiction of the National Electrification Administration (NEA).

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