Independent power producer (IPP) TeaM Energy Corp. has transferred its 735-megawatt (MW) Pagbilao coal-fired power plant to the government, following the expiration of its Build, Operate, and Transfer (BOT) contract. In a statement, TeaM Energy said Friday, Aug. 15, that the turnover to the Power...
Aboitiz Equity Ventures Inc. reported a 27 percent drop in consolidated net income of ₱8.4 billion in the first half of 2025 from the ₱11.5 billion earned in the same period last year due to lower earnings from its power and banking units, coupled with losses of its property and infrastructure...
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...
BAGUIO CITY – Aboitiz Power has donated 4,400 liters of fuel to local governments in Benguet and Mountain Province to support disaster response efforts following recent weather disturbances that caused widespread flooding, landslides, and power outages across Northern Luzon. The fuel assistance,...
Aboitiz Renewables Inc. (ARI), the renewable energy arm of Aboitiz Power Corp., is poised to begin commercial operations of the largest solar facility in the Visayas. In a statement, the company announced on Thursday, July 24, that it has received the final certificate of approval to connect...
SN Aboitiz Power Group (SNAP) is ramping up its efforts to build more renewable energy (RE) projects beyond hydropower assets. In an ambush interview, SNAP President and Chief Executive Officer (CEO) Joseph Yu said that there are more projects in the pipeline, which hold less than 300 megawatts...
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...
In a push to expand its renewable energy (RE) portfolio, Aboitiz Renewables Inc. (ARI), the RE unit of AboitizPower Corporation, plans to increase its solar capacity by the end of the year. In a briefing, Leo Lehbo Lungay, ARI solar and wind business group, vice president and general manager,...
As one of the Philippines’ largest producers and distributors of electric power, Aboitiz Power Corporation (AboitizPower) carries out its purpose of Transforming Energy for a Better World through its corporate values of integrity, teamwork, innovation, responsibility, and service excellence. At...
The Securities and Exchange Commission (SEC) has approved the shelf registration of Aboitiz Power Corp.’s (AboitizPower) ₱100-billion worth of fixed rate bonds and its ₱30-billion offering for the first tranche. In a statement, the SEC said the Commission en banc has considered favorably the...
