Tag: AboitizPower

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AboitizPower profit climbs in 3Q on strong hydro, higher margins

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

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

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

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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Fuel prices set to rise sharply amid Middle East tensions

Fuel prices are poised for another sharp hike this Tuesday following a brief rollback last week, driven by escalating tensions in the Middle East and global supply constraints, a top industry official confirmed Sunday.

EastWest Bank prices rights offering at up to P11.05 per share to raise P9B for expansion and digital transformation

East West Banking Corp., led by the Gotianun family, has set the price range for its stock rights offering at P10.80 to P11.05 per share, with a par value of P10 each. The bank targets to raise around P9 billion through the offer, which will be listed on the Philippine Stock Exchange.

Eala pushes Jovic to the limit, but falls again

Alex Eala finally pushed Iva Jovic to the limit, but the result was painfully familiar.

PAL expands FurPAL: small cats now allowed in-cabin on all domestic flights

The Philippine Airlines (PAL) has updated its FurPAL program to let small cats travel alongside dogs inside the aircraft cabin on every domestic flight, giving Filipino pet owners more flexibility when planning trips.

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