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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SEC unifies foundation rules to ease compliance, boost oversight

Corporate 0
The Securities and Exchange Commission is bringing all existing rules for foundations together into one complete set of guidelines, designed to make compliance simpler and strengthen supervision across the sector. Issued as a draft memorandum circular, this omnibus framework addresses longstanding challenges where requirements were scattered across separate laws, orders, and agency issuances, making them hard to track and follow. The new unified set will serve as one up-to-date reference covering everything from organization setup to regular reporting and ongoing compliance, including all necessary forms, templates, instructions, and procedures.

NFA adds Tarlac palay storage to aid farmers, boost supply

Agriculture 0
The National Food Authority (NFA) is leasing extra warehouse space in Victoria, Tarlac to buy more palay directly from local farmers and strengthen the government’s rice supply program.

Century Properties simplifies housing business via PHirst merger

Corporate 0
Century Properties Group Inc. (CPGI) is consolidating its first-home housing business under its listed parent company after securing regulatory approval to absorb PHirst Park Homes Inc., a move aimed at simplifying operations and tightening capital allocation.

Gov’t building ₱430 million FMRs in Mimaropa

Agriculture 0
The Department of Agriculture and Department of Public Works and Highways have partnered to build 29 farm-to-market roads across Mimaropa worth P430 million, marking a major step to cut costs and boost earnings for thousands of rural families.

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