Aboitiz Power Corporation (AboitizPower) received its fourth Golden Arrow Award in a row, improving to a 4-arrow recognition after scoring 105.52 out of 130 in the 2024 ASEAN Corporate Governance Scorecard (ACGS). The assessment measures a publicly-listed company’s performance with respect to the...
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...
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...
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 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...