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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Weight-loss drugs work—until you stop taking them

Education, Health & Science 0
A major review published in the British Medical Journal offers a polite but firm reminder that weight-loss drugs are not magic. They are more like a lease with fine print. They work impressively well, but the benefits may not stick around once the treatment ends.

BOI mulls coal incentives amid Semirara uncertainty 

Energy & Mining 0
The Board of Investments (BOI) is considering whether coal mining and production should be added to the list of activities eligible for fiscal perks under the upcoming Strategic Investment Priority Plan (SIPP), a move that could benefit Semirara Mining and Power Corp. (SMPC), the country’s largest coal producer.

GSIS rolls out P19-B Balik Ginhawa refunds to members, pensioners

Banking & Insurance 0
The Government Service Insurance System (GSIS) began releasing refunds under its Balik Ginhawa (Loan Moratorium Through Refund) program last Wednesday, with qualified members and pensioners now receiving the proceeds in their accounts.

Telco assures uninterrupted service amid Middle East tensions

Communications & Technology 0
Eastern Communications said Thursday its services remain fully operational with no expected disruptions despite ongoing tensions in the Middle East.

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