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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Japanese tech giant commits  P25B expansion

Communications & Technology 0
Japanese electronics manufacturer MinebeaMitsumi Inc. is pouring another P25 billion into its Philippine operations, reinforcing the country's position in the global semiconductor supply chain and creating an estimated 3,000 new jobs.

LPG stockpile arrives in Batangas, securing supply

Energy & Mining 0
The Philippine National Oil Company (PNOC) confirmed that the 21,000 metric ton liquefied petroleum gas (LPG) procured by the government arrived last Saturday at the South Pacific Inc. Terminal in Calaca, Batangas, for storage at the CISC Industrial Park. Sourced from Enterprise Port in Texas, USA, and secured through Trafigura Pte. Ltd. last April 2026, the shipment contains equal parts propane and butane.

Fuel prices set to drop this week, bringing relief to households and businesses

Top News 0
Gasoline and diesel prices are expected to decrease this week, according to an anonymous local fuel retailer. Based on the five-day average of global trading prices last week, gasoline could go down by P4 to P5 per liter, while diesel may drop significantly more, between P7.50 and P8.50 per liter. Kerosene prices, however, have no projected adjustment yet.

PH joining 2027 Yokohama Horticultural Expo to boost agri ties, exports to Japan

Agriculture 0
The Philippines has officially committed to take part in the International Horticultural Expo 2027 in Yokohama, Japan, the Department of Agriculture (DA) announced.

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