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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DA to mass-produce natural fungus vs sugarcane pest

The Department of Agriculture (DA) is scaling up production of a naturally occurring fungus to fight the red‑striped soft scale insect (RSSI), a pest that can cut sugar content by nearly 50 percent. First seen in 2022, RSSI now ranks as a major threat to the Philippine sugar industry.

Philippine Blockchain Week 2026 set for Manila; Top local & global leaders to shape future of digital finance

The Philippine Blockchain Week (PBW) 2026 returns to the capital from June 19 to 21, bringing together over 15,000 participants to explore how distributed ledger technology is reshaping finance, business, regulation, and creative industries across the country and beyond.

Housing aid ramps up after Mindanao quake

The government has rolled out emergency housing assistance for families displaced by the powerful 7.8-magnitude earthquake that struck Mindanao, with shelter agencies mobilizing cash aid, repair materials, and temporary housing support as recovery efforts gather pace.

Beauty industry chases green and halal growth 

The Philippine beauty industry is increasingly finding that looking good is no longer enough. 

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