AboitizPower has directly remitted a total of Php40.6 million to local government units in Cebu as of end-September, boosting their response to the COVID-19 pandemic, as well as for development. Through the
Hedcor, one of AboitizPower’s Cleanergy companies, celebrates the second year of its #NoToSingleUsePlastics campaign. The campaign, which began two years ago, promotes the decreased use of single-use plastics within company premises and
AboitizPower won a Silver Stevie award for its Integrated Response and Awareness towards COVID-19 Hazards (I-REACH) program in the Most Valuable Corporate Response category in this year’s International Business Awards (IBAs). The
The Aboitiz Group has laid out its strategy for 2020 amid the ongoing global health threat, starting by providing assistance and reviewing the impacts of the coronavirus disease 2019 (COVID-10) pandemic on
Renewable energy company Hedcor, a wholly-owned subsidiary of AboitizPower, has donated P1 million worth of goods and medical supplies in three provinces in Northern Luzon. Frontliners in the provinces of Benguet, Mt.
AboitizPower logged a total of P17.3 billion net income for 2019, about 20 percent lower compared to the P21.7 billion earned in 2018. The adjustment was mostly due to the outages experienced
AboitizPower recorded a net income of P13.5 billion, which is 19 percent lower than last year’s net income of P16.7 billion during the same period. The company had non-recurring losses of P220
Financial publication Asiamoney has named AboitizPower Corporation as the country’s most outstanding energy company. This was according to the “Asia’s Outstanding Companies Poll,” the results of which were released last September 25.
AboitizPower subsidiaries have signed a memorandum of agreement (MOA) with their respective host communities regarding the financial benefits of the recipients. This was based on Energy Regulations 1-94 (ER 1-94) allowing direct
AboitizPower logs P8.6-billion net income for the first six months of this year, 5 percent lower than 2018’s P9.1 billion recorded last year. Spot market prices were exceptionally high during this period,
