Several business units of Aboitiz Power Corp. (AboitizPower), together with partners from the public and civil society sectors, observed Fire Prevention Month through upskilling activities and awareness campaigns on fire safety and proper response. DAVAO Light team members from its administrative...
SN Aboitiz Power (SNAP), the Aboitiz group's renewable energy (RE) provider, has begun construction of Benguet's first battery energy storage system (BESS) facility. In a statement on Tuesday, March 25, SNAP announced the groundbreaking of the 40-megawatt (MW) Binga BESS project, located at the...
Kamog Waterworks Association President Jun Tad-o (right), together with a community member in Sablan, Benguet, showcase the community's improved water access. With a direct and reliable supply, the community resolved longstanding water collection challenges. In a country of about 115 million...
While the company’s net income steadied last year, Aboitiz Power Corp. (AboitizPower) is expecting its new projects to help drive up earnings and offset the slowdown in the Wholesale Electricity Spot Market (WESM) prices. In an ambush interview with Danel Aboitiz, president and chief executive...
What does it take to build the future of energy? In Aboitiz Power Corporation (AboitizPower), an initiative to develop smart power plants — called Project Arkanghel — is proving that the answer lies in both technology and people. As industries evolve, competitive advantages in capacity and...
Due to one-time losses, Aboitiz Equity Ventures Inc. (AEV), the investment holding company controlled by the Aboitiz family, reported a 23 percent drop in consolidated net income to ₱18.1 billion in 2024 from ₱23.5 billion in 2023. In a disclosure to the Philippine Stock Exchange, the firm said...
Aboitiz Power Corp. (AboitizPower) announced that its net income grew marginally in 2024 despite the performance of its unit GNPower Dinginin Ltd. Co. (GNPD). In a disclosure to the Philippine Stock Exchange on Friday, March 7, AboitizPower noted a two percent increase in its net income from...
Fresh graduates-turned-team members, including those from engineering courses, cite management and culture as among the top reasons why it is good to work for AboitizPower. Aboitiz Power Corporation (AboitizPower) has been named Prosple’s “Top Employer for Fresh Graduates in the Energy...
Aboitiz-led Union Bank of the Philippines (UnionBank) is raising up to ₱76.35 billion through issuances from both its Euro Medium Term Note (EMTN) Program and Peso Bonds Program. In a disclosure to the Philippine Stock Exchange, the bank said its board has approved the planned issuances as well...
Renewable energy (RE) developer SN Aboitiz Power Group (SNAP) has acquired funding from local banks to expand its battery energy storage systems (BESS) in Isabela and Benguet. In a disclosure to the Philippine Stock Exchange on Tuesday, Feb. 18, SNAP reported that it has secured financing from...
Arabica coffee wildings thrive in elevated places like Bakun, Benguet, especially as its cultivation at higher elevations and in cooler temperatures help the concentration of its flavor. (This is an A.I. generated picture.) Hedcor, a renewable asset manager of Aboitiz Power Corporation...
Aboitiz Power President and CEO Danel Aboitiz After over two decades of deregulation, the Philippine power sector remains a complex challenge—marked by unreliable service, high costs, and persistent darkness in many islands and remote areas. This underscores the fact that industry...