Aboitiz Power Corporation is set to offer Php30 billion in retail bonds beginning with the first tranche worth Php4 billion in the first quarter of 2021. “The Board of Directors of the...
AC Energy, the power arm of the Ayala group, is doing away with anything to do with coal for power generation. In doing so, it is divesting its stakes in the 1,336-megawatt...
AboitizPower run-of-river hydropower arm Hedcor received recommendations for ISO re-certifications from the British Standards Group Philippines (BSi) as organizations across the world continue to confront a global health crisis. Hedcor remains steadfast...
Linemen from Aboitiz subsidiary Visayan Electric Comapny, the country’s second-largest power distributor, have been working in the past week to help restore power in Albay, which bore the brunt of Typhoon Quinta...
Despite hitting setbacks due to the COVID-19 pandemic, Aboitiz Power Corporation will still push through with its expansion ventures in Southeast Asia, particularly Vietnam, Indonesia, and Myanmar. The projects, though, will be...
Aboitiz Power Corporation is looking to spend Php24 billion in investments and capital expenditures for coal, solar, and battery storage facilities in 2021. Among the projects in the pipeline are the continuing...
Aboitiz Power Corporation is looking to invest in the building of new liquefied natural gas (LNG) plants in the country. AboitizPower President and CEO Emmanuel Rubio said that the company is seriously...
Lower demand for power due to the COVID-19 pandemic pulled down Aboitiz Power Corporation’s consolidated net income to just Php3.3 billion in the third quarter, 32% lower than the Php4.8 billion posted...
AboitizPower subsidiary Therma Visayas, Inc. (TVI) recently completed the turnover of direct benefits to its host beneficiaries, helping provide timely relief to residents during the pandemic. To date, TVI has downloaded Energy...
Nine power generation companies (gencos) are keen on joining the competitive auction for the 1,800-megawatt (MW) power requirements of the Manila Electric Company (MERALCO). In its financial and operating results for the first...
