Aboitiz Power Corporation will redeem in full its 2018 Series C Bonds worth PHP2.5 billion ahead of their scheduled maturity. The company’s Board of Directors approved the move during a special meeting...
Aboitiz Power Corporation (AboitizPower) posted decreased earnings for the first quarter of 2025 as weaker electricity prices, scheduled plant outages, and higher financing costs weighed on its bottom line. Despite all of...
Aboitiz Power Corporation announced the planned decommissioning of its 44.64-megawatt (MW) Naga Oil-Fired Power Plant (OFPP) and its 0.44-MW Black Start Diesel Engine Generating Unit (BSDEGU) by March 31, 2025. The decision...
Aboitiz Power Corporation says that its subsidiary, Therma Mobile, Inc. (TMO), will mothball two of its Bunker C-fired power barges in Navotas starting February 14, 2025. Mothballing a power barge means temporarily...
Therma Mobile, Inc. (TMO), a subsidiary of Aboitiz Power Corporation (AboitizPower), was recognized as the #1 Top Taxpayer of Real Property Tax in Navotas City for the eighth consecutive year. TMO operates...
Aboitiz Upgrade Solar Inc. (AUSI) is partnering with Republic Cement & Building Materials to integrate solar energy into the latter’s Norzagaray plant in Bulacan, a landmark project that sets a new standard...
Aboitiz Power Corporation’s subsidiary, Northern Sun Radiance Inc. (NSRI), is awaiting regulatory approval to establish a transmission facility worth Php 895.6 million to link its floating solar project in San Marcelino, Zambales...
Aboitiz Power Corporation’s renewable energy (RE) arm, Aboitiz Renewables Inc. (ARI), has energized its 173 megawatt peak (MWp) Calatrava Solar Project. “Calatrava is our fifth energized solar facility and the largest capacity...
Aboitiz Renewables Inc. (ARI), the renewable energy arm of Aboitiz Power Corporation, has activated its 45-megawatt peak (MWp) Armenia Solar Project in Tarlac. The facility, which is the firm’s first solar power...
Aboitiz Power Corporation (AboitizPower) is poised for a strong finish in 2024, fueled by additional power plant capacities and enhanced infrastructure, its president said. In a report by Business World, AboitizPower president...
