Aboitiz Equity Ventures Inc. (AEV), the investment arm of the Aboitiz Group, announced that its 40-percent-owned affiliate Coca-Cola Europacific Aboitiz Philippines (CCEAP) is building its largest Philippine plant at TARI Estate in Tarlac City. CCEAP’s state-of-the-art, 42-hectare (ha)...
Global Infrastructure Partners (GIP), a part of BlackRock, and one of the world’s leading infrastructure investors, is in the process of finalizing a strategic partnership with Aboitiz Equity Ventures Inc. (AEV), starting with the acquisition of a 40 percent stake in Aboitiz InfraCapital....
Aboitiz Equity Ventures, Inc. (AEV), the portfolio manager of the Aboitiz Group, is confident that its investments in the clean energy and infrastructure businesses will power future growth even as first quarter earnings declined. In a disclosure to the Philippine Stock Exchange, the firm said said...
Following its change of ownership, Coca-Cola Beverages Philippines Inc. (CCBPI) has officially changed its legal name to Coca-Cola Europacific Aboitiz Philippines Inc. (CCEAP). “Our new name signifies an exciting new phase in our journey as we reaffirm our commitment to serving our customers,...
Holding firm Aboitiz Equity Ventures Inc. (AEV) reported a four percent improvement in consolidated net income to P18.8 billion for the first nine months of 2024, from the P18 billion reported for the first nine months of 2023. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
Aboitiz InfraCapital Economic Estates leads the toast celebrating the launch of its fourth economic estate, Tari Estate, with special guests (from left to right) Cosette Canilao, president and CEO of Aboitiz InfraCapital, Inc.; Tereso Panga, director general of the Philippine Economic Zone...
Aboitiz Equity Ventures Inc. (AEV), the Aboitiz Group’s investment arm, reported a 22 percent improvement in consolidated net income to P4.9 billion for the first quarter of 2024 from the P4.0 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the...
Aboitiz Equity Ventures Inc., the investment arm of the Aboitiz Group, expects to improve this year on its performance in 2023 as it starts to benefit from the full year impact of recent major acquisitions. “Suffice to say that we are confident that 2024 will see positive growth as we integrate...
Following major acquisitions and expansion in 2023, the Aboitiz Group is more than doubling its capital expenditures (capex) to P153 billion this year from the P65 billion spent in 2022 with a majority allotted for its renewable energy projects in the pipeline. In a statement, Aboitiz Equity...
The Aboitiz Group’s investment arm Aboitiz Equity Ventures Inc. (AEV) reported a two percent dip in consolidated net income to P23.5 billion last year from the P24 billion earned in 2022 due to one-time gains. In a disclosure to the Philippine Stock Exchange (PSE), AEV said that, excluding...
Aboitiz Infracapital (AIC) has inaugurated the P12 billion Davao City Bulk Water Supply Project (DCBWSP), the largest of its kind in the country boasting a 300-million liters per day (MLD) water production capacity. In a statement, the firm said this transformative infrastructure project is the...
The Aboitiz Group was recognized by Corporate Governance Asia at the 12th Asian Excellence Awards for its achievements and excellence in management acumen, financial performance, corporate social responsibility, environmental practices, and investor relations. The theme for the ceremony was...
