Aboitiz Power Corporation recorded a 4% decline in its net income for the first half of 2024 at Php 17.1 billion, due to the depreciation and interest for its GNPower Dinginin Ltd....
The new power supply contract from Manila Electric Company (MERALCO) has attracted top bidders, including subsidiaries of prominent energy firms Aboitiz Group, San Miguel, and First Gen Corporation. In a report by...
Emmanuel “Manny” V. Rubio has been appointed as the new President and CEO of MERALCO PowerGen Corporation (MGen), effective July 1. In a report by Manila Bulletin, he succeeded Jaime T. Azurin,...
Aboitiz Power Corporation and other private energy sector members have stressed the necessity for clear and fair policy guidelines and regulations from the government. “There are risks that the private sector must...
Aboitiz Power Corporation has partnered with Thailand-based REPCO NEX Industrial Solutions to develop the first smart power plants in the Philippines. Named Project Arkanghel, this initiative aims to transform two of AboitizPower’s...
Following an increase in electricity production, Aboitiz Power Corporation recorded a 4% increase in net income in the first quarter, reaching Php 7.9 billion from Php 7.5 billion in the same period...
With the goal of delivering 1,000 megawatts (MW) of new greenfield solar farm projects into commercial service over the next two years, Aboitiz Power Corporation is planning to issue notices-to-proceed (NTP) for...
Aboitiz Power Corporation (AboitizPower), via its subsidiary Therma Marine, Inc. (TMI), is arranging a ceremonial switch-on event for Southeast Asia’s inaugural 49-megawatt (MW) hybrid Battery Energy Storage System (BESS) located in Maco,...
To aid the stream of renewable energy (RE) entering into the Philippine energy mix, Aboitiz Power Corporation (AboitizPower) opined that the availability of financial resources and lands is needed on top of...
Aboitiz Power Corporation believes that liquefied natural gas (LNG), as a transition fuel, will complement solar and wind power generation, which can help maintain stable supply in the power system. “We are...
