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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Cebu advances digital governance through PLDT Enterprise partnership

Corporate Bulletins 0
The Province of Cebu is accelerating its digital transformation via a formal collaboration with PLDT Enterprise to boost connectivity, workforce efficiency, and public service delivery.

Philippines posts notable PISA gains; PCCI seeks policy continuity and stronger system alignment

Education, Health & Science 0
The Philippine Chamber of Commerce and Industry (PCCI) has congratulated the Department of Education (DepEd), under Secretary Sonny Angara, on the country’s marked improvement in the 2025 Programme for International Student Assessment (PISA).

SEC halts Takoyadon owner’s illegal investment scheme; warns of further legal action

Corporate 0
The Securities and Exchange Commission (SEC) has issued a cease and desist order against Nego Food Solution Corp.—operator of the Takoyadon Japanese restaurant chain—and several individuals for illegally soliciting investments from the public.

Wholesale power rates rise 11.8% in August; Visayas and Mindanao see sharp, costly spikes

Energy & Mining 0
Average electricity prices across the Philippines in the Wholesale Electricity Spot Market (WESM) climbed 11.8 percent in August, driven by steep cost surges in Visayas and Mindanao even as Luzon rates fell, data from the Independent Electricity Market Operator of the Philippines (IEMOP) showed Wednesday.

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