Tag: San Miguel Corp.

Aboitiz Power Corp. is ramping up its renewable energy (RE) and battery storage development pipeline with plans to add over 400 megawatts (MW) of capacity by 2026, in a move that underscores the company’s long-term growth strategy and commitment to energy transition.

Manila Electric Co. (Meralco), the country's largest power distribution company, posted a 9 percent increase in net income for the first quarter, reaching P10.45 billion, driven by a rise in electricity sales between January and March.

Aboitiz Equity Ventures Inc. (AEV), the listed holding firm of the Aboitiz group, said U.S. tariff policies under US President Donald Trump have yet to impact its operations—but the company is treading cautiously amid mounting global uncertainty.

The Philippine Institute of Volcanology and Seismology raised the alert level on Bulusan Volcano to 1 (low-level unrest) after a phreatic eruption at dawn Monday that lasted 24 minutes. The event produced a bent plume that rose 4,500 meters above the crater, with ash fall reported in severs barangays in Irosin, Jubqn, and Magallanes—all towns in Sorsogon. Local government units and the public are reminded that entry into the 4-kilometer radius Permanent Danger Zone must be strictly prohibited and that vigilance in the 2-kilometer Extended Danger Zone (EDZ) on the southeast sector must be exercised due to the possible impacts of volcanic hazards such as PDCs, ballistic projectiles, rockfall, avalanches and ashfall on these danger areas.