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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MREIT sale fuels Megaworld township expansion

Property 0
MREIT Inc., a real estate investment trust, is channeling P1.26 billion into township expansion projects across Cebu, Palawan, Bacolod, and Pasig City, as sponsor Megaworld Corp. moves to recycle capital from a recent share sale into fresh property developments and debt reduction.

GT Capital leans on banking amid economic slowdown

Corporate 0
GT Capital Holdings, Inc. opened 2026 navigating a tougher operating environment, with resilient banking and infrastructure earnings helping cushion weaker consumer spending and softer demand across key sectors.

Lopez board reinstates Piki, seeks family truce

Corporate 0
Lopez, Inc. on Wednesday withdrew its February 27 resolution removing Federico “Piki” Lopez as president and chief executive officer, signaling a possible thaw in the escalating corporate and family dispute that has rattled one of the Philippines’ most influential business dynasties.

URC eyes modest growth amid global risks

Corporate 0
Universal Robina Corporation is aiming for mid-single-digit revenue growth this year despite concerns over global uncertainties, including tensions in the Middle East.

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