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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Eala trades clay dust for grass glory

Sports & Entertainment 0
If clay courts are a slow-burn chess match, grass is a drag race—and Alex Eala arrived at the starting line with her foot firmly on the accelerator.

MGB: PH mining up 28.6% in 1Q, bright 2026 outlook seen

Economy 0
The Mines and Geosciences Bureau (MGB) forecasts a favorable 2026 for the mining sector, driven by strong global demand for energy transition minerals and steady commodity prices.

Discovery Capital secures loan to widen reach, boost financial inclusion

Banking & Insurance 0
Discovery Capital Finance Corp. has secured a credit facility with Union Bank of the Philippines, part of the Aboitiz group, to speed up its expansion across the country.

EastWest Bank expands priority banking for affluent clients amid strong growth

Banking & Insurance 0
East West Banking Corp. is set to grow its priority banking network and services, following a 40 percent rise in assets under management to P120 billion last year. CEO Jerry G. Ngo announced the bank will increase priority banking branches nationwide from 13 to 20 in the coming years.

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