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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Cuna targets faster permits, stricter compliance

Environment 0
Environment Secretary Juan Miguel Cuna is moving to streamline permits, accelerate renewable energy projects, and tighten enforcement in protected areas as he sets priorities for the 

Palo Alto Networks launches AI-focused cybersecurity tools in ASEAN

Communications & Technology 0
Global cybersecurity firm Palo Alto Networks has rolled out a new suite of security solutions across ASEAN markets, including the Philippines, as enterprises grapple with rising risks tied to cloud computing and artificial intelligence.

Transport operators gain access to P3M EV loans

Transport & Logistics 0
Licensed transport operators and drivers will soon be able to access financing of up to P3 million per unit as they transition from traditional vehicles to electric alternatives, Trade Secretary and Small Business Corp. (SBCorp) Chair Cristina Roque said Friday.

PTAA unveils tourism drives to boost jobs 

Travel & Tourism 0
The Philippine Travel Agencies Association (PTAA) is rolling out a pair of initiatives designed to stimulate domestic tourism and generate livelihoods, as the industry contends with rising fuel costs and evolving travel demand.

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