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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Pickup Coffee ramps up franchising expansion

Lifestyle 0
Pickup Coffee is accelerating its nationwide expansion through franchising as the fast-growing local chain targets at least 800 stores by end-2026, underscoring rising demand for affordable and convenient coffee among Filipino consumers.

Green GSM eyes 18,500 EVs for PH

Transport & Logistics 0
Vietnam-based mobility platform Green GSM is ramping up its Philippine expansion after signing agreements with 75 transport companies and cooperatives for the planned deployment of up to 18,497 VinFast VF 5, Herio Green, and Limo Green electric vehicles across major urban centers nationwide.

US envoy to push PH tech corridor

Communications & Technology 0
US Under Secretary of State for Economic Affairs Jacob Helberg will visit the Philippines next week as Washington ramps up efforts to deepen economic security and technology ties with Manila under the newly launched Pax Silica initiative.

BPI app, online services crash on payday, users vent frustration

Banking & Insurance 0
Bank of the Philippine Islands account holders raised a collective howl in the early evening hours Friday following the latest outage of the lender's app and online services.

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