One of the Japanese partners of Aboitiz Power Corp. (AboitizPower) in the 420-megawatt (MW) Pagbilao-3 coal-fired power plant is moving ahead on the divestment of its stake in the facility as part of an investment realignment to cleaner energy technologies. According to a source privy to the...
The Power Sector Assets and Liabilities Management (PSALM) has announced that the Aboitiz-led Thunder Consortium has been granted the notice of award (NOA) for the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plants. In a statement on Friday, July 18, PSALM said the consortium—comprising...
Aboitiz Power Corp. (AboitizPower) announced that a subsidiary of its Therma Power Inc. will construct a battery energy storage system (BESS) in Cebu, which will be slated for commissioning by next year. In a statement, AboitizPower said Therma Power’s East Asia Utilities Corp. (EAUC) will soon...
QUEZON CITY, PHILIPPINES – The Department of Environment and Natural Resources - Environmental Management Bureau (DENR-EMB) recognized the conservation efforts of its local affiliate, together with Therma Visayas, Inc. (TVI), in helping protect the Tañon Strait in Cebu. TVI, a subsidiary of...
Aboitiz Power Corporation announced that its oil-fired power plant in Cebu is set to reach the end of its corporate lifespan by next year, a few years after its electrification. In a disclosure to the Philippine Stock Exchange on Tuesday, July 8, Aboitiz Power said that the Cebu Private Power Corp....
Aboitiz Power Corporation has announced its interest in participating in the Department of Energy 's (DOE) fourth round of the Green Energy Auction (GEA-4), aiming to significantly expand its renewable energy (RE) portfolio. Leo Lungay, Aboitiz Renewables, Inc. (ARI) vice president and general...
Aboitiz Power Corp.’s (AboitizPower) renewable energy (RE) arm and Lopez-led First Gen Corp. (FGen) are bidding for the Caliraya-Botocan-Kalayaan Hydroelectric Power Plants (CBK HEPP), according to the state-run Power Sector Assets and Liabilities Management Corp. (PSALM). PSALM’s...
MORONG, Bataan — Aboitiz Power Corporation (AboitizPower), through private limited partnership GNPower Dinginin Ltd. Co. (GNPD), concluded its three-year sea turtle or pawikan protection and conservation program, SagiPaWeCan, in Sitio Fuerte, Barangay Poblacion, Morong, Bataan, with a hatchling...
For the people of Toledo City, Cebu, the ocean is more than just a view — it’s a lifeline worth preserving. Along one of its coasts, Aboitiz Power Corporation (AboitizPower), through its subsidiary Therma Visayas, Inc. (TVI), is working with the Scubasureros to protect marine ecosystems....
BALANGA CITY, Bataan — Aboitiz Power Corp. (AboitizPower) signed a five-year Memorandum of Agreement (MOA) with the provincial government of Bataan to provide scholarships for students taking up engineering, a course deemed vital to the development of infrastructure and technology in the...
Aboitiz Power Corporation announced that its subsidiary has broken ground on a hybrid battery energy storage system (BESS) project integrated into its oil-fired power facility in Agusan del Norte. In a statement on Tuesday, April 22, AboitizPower's unit, Therma Marine, Inc. (TMI), said it commenced...
Speaking on workplace diversity and inclusivity, Aboitiz Power Corporation (AboitizPower) highlighted the importance of being an equal opportunity employer that evaluates based on merit and performance as opposed to sexual orientation, gender identity, or any other status. AboitizPower SAVP for...