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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Asiabest Group shareholders back expansion and recapitalization plan

Corporate 0
Asiabest Group International, Inc. (ABG) secured stockholder approval for a major expansion and recapitalization program during its annual meeting held August 11, 2026.

AI banking takes center stage at Finance Philippines 2026

Banking & Insurance 0
The Bankers Association of the Philippines (BAP) and The Asian Banker recently convened senior leaders from across the financial sector for Finance Philippines 2026, bringing together regulators, traditional and digital banks, fintech firms, technology providers, and corporations to discuss key shifts reshaping the country’s financial system

Alliance Global profit rises on recurring income

Corporate 0
Alliance Global Group Inc. (AGI), the holding company of tycoon Andrew L. Tan, posted net income of P16.0 billion in the first half of 2026, up 3 percent from P15.6 billion a year earlier, excluding one-time gains from the deconsolidation of Golden Arches Development Corp. in 2025.

PLDT flags material weakness in financial controls

Corporate 0
PLDT Inc. said it has identified a material weakness in its internal controls over financial reporting as of December 31, 2025, after a reassessment of deficiencies tied to the accounting of certain structured hedge arrangements.

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