Leaning on the robust power generating assets of its various subsidiaries, Aboitiz Equity Ventures (AEV) has sustained its lead as the country’s biggest power producer with total installed capacity of 5,745.221 megawatts, according to data released by the Energy Regulatory Commission. Inching...
TORONTO – Investors who are seriously looking at infusing heavy capital for nuclear power projects in the Philippines are decisively assessing concerns on siting as well as certainty of regulatory frameworks being the challenges that could make or break a deal in the resurgence of this...
European firm Mainstream Renewable Power (Mainstream) has signed service contracts with the Department of Energy (DOE) for two greenfield onshore wind power projects to be developed separately at demarcated sites in Luzon and Visayas grids. The service contracts were secured by Mainstream on 100%...
Aboitiz Power Corp. (AboitizPower) posted a significant rise in profit last year, buoyed by the strong performance of its generation and distribution businesses. In a disclosure to the Philippine Stock Exchange, AboitizPower reported that its net income from January to December 2023 grew by 27...
The power investment arm of Manila Electric Company (Meralco) will corner the majority stake of more than 40-percent in the $3.3 billion integrated liquefied natural gas (LNG) project originally owned and developed by SMC Global Power Holdings Corp. (SMGP) of the San Miguel group. According to...
CHORDS BY EMMANUEL RUBIO, ABOITIZ POWER CORP. PRESIDENT AND CHIEF EXECUTIVE OFFICER The generation of electricity and the production of food have a give and take relationship as they both require and compete for scarce resources like water and land. Suffice to say that the food value chain — from...
Greenfield as well as expansion generating facilities of Aboitiz Power Corporation will be shoring up power supply in the country this year by additional 400 megawatts – mainly coming from its solar plants that will be reaching commercial stream in the months ahead. In a briefing with reporters,...
A short video docuseries that shows the lives of people and communities that benefit from various social programs of Aboitiz Power Corporation (AboitizPower) won a Silver Award in the 59th Anvil Awards under the Public Relations - Corporate Social Responsibility/Good Governance category. The...
Filipino firm Upgrade Energy Philippines (UGEP) is casting an ambitious target of 700 megawatts for rooftop and ground-mounted solar installations across commercial and industrial (C&I) customers that it is targeting to accomplish by 2028. So far, the first major project delivered by the...
Aboitiz Power Corp. (AboitizPower) is bracing for a challenging year, with expectations of increased electricity demand, global supply chain uncertainties, and the impact of the El Niño phenomenon creating tight market conditions. In a statement, Emmanuel Rubio, AboitizPower president and chief...
As access to comprehensive climate data is still wrought with challenges due to disparate sources and incompatible formats across countries, the APEC Business Advisory Council (ABAC) is proposing the establishment of an online platform that shall facilitate the sharing of facts, figures and other...
Juan Alejandro Aboitiz has officially started his duties as the new senior vice president of Aboitiz Power (AP) Corp. this November. In a disclosure to the Philippine Stock Exchange, changes in the 2023 General Information Sheet (GIS) have been made to reflect the newly appointed officer....
