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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PLDT, Smart deploy AI tool helping employee, family emergency preparedness

PLDT Group and its wireless arm Smart Communications have launched an AI-powered platform called EVE (Emergency Vital Essentials) to help employees and their families prepare for disasters and crises long before they occur.

Globe powers reliable connectivity for 2026 Sangyaw Festival in Tacloban

Globe delivered steady digital access for residents, visitors, organizers and local businesses during this year’s Sangyaw Festival, supporting seamless communication across the city’s key cultural and religious events honoring Señor Santo Niño de Tacloban.

Security Bank Capital named PH’s Best DCM House by FinanceAsia 

Security Bank Capital Investment Corporation, the investment banking arm of Security Bank Corp., has won the Best Debt Capital Markets (DCM) House – Domestic award at the FinanceAsia Awards 2026 held in Hong Kong last June 25.

Kidnap conviction seen lifting investor confidence and tourism

The conviction of seven kidnappers in the abduction of a 78-year-old businesswoman has strengthened the Philippines' reputation as a safer place to invest and visit, according to the Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII), which said swift justice can be as important as economic incentives in attracting business.

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