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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Top Line raises P1.5 billion for Visayas expansion

Listed fuel distributor and retailer Top Line Business Development Corp. (TOP) has raised P1.5 billion from an oversubscribed follow-on offering of perpetual preferred shares, providing fresh capital to expand fuel importation and storage capacity as it bets on rising energy demand in the Visayas.

Del Monte profit jumps in Q4 on export, margin gains

Del Monte Pacific Ltd. (DMPL) returned to stronger profitability in the fourth quarter ended April 30, 2026, as higher exports, firmer pricing and improved margins lifted earnings despite lingering inflationary pressures.

ICTSI secures Melbourne port concession until 2066

International Container Terminal Services, Inc. (ICTSI) has locked in another 26 years of operations at Australia's busiest container gateway, extending its Melbourne terminal concession to 2066 and reinforcing the long-term earnings visibility of one of its flagship overseas assets.

iACADEMY transforms learning spaces into professional launchpads

iACADEMY, the Makati-based private educational institution, has reaffirmed its position as the nation’s leading innovative school. Established 24 years ago, it received the “Most Innovative School” award at the Global Brands Awards in 2025, following its first distinction as “Most Innovative Education Provider” in 2020. This recognition makes it the only Philippine school to have received this honor twice, standing alongside global leaders such as Harvard University, MIT, and Nanyang Technological University.

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