Aboitiz Power Corporation reported a four percent dip in net income to P17.1 billion in the first half of 2024 from the P17.8 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the decline in profit is due to the recognition of...
Aboitiz Power Corporation subsidiary Therma Luzon Inc. (TLI) has entered 17 Corporate Social Responsibility (CSR) projects for communities inside its host province of Quezon and host Municipality of Pagbilao, in cooperation with various project partners and beneficiaries. AboitizPower...
Hedcor, an Aboitiz Power Corp. renewable energy subsidiary, released P3.2-million worth of community shares and Energy Regulations No. 1-94 (ER 1-94) funds to Manolo Fortich, Bukidnon. MANOLO Fortich Mayor Rogelio N. Quiño receives the municipality’s community shares from Hedcor represented by...
While accustomed to a life on the move below water, female sea turtles use their geomagnetic abilities, or an internal GPS, to return to their place of birth and lay their own eggs. At the same time, way above, migratory birds also possess their own inner compass, which guide them in moving from...
The Philippine Electricity Market Corporation (PEMC), which serves as the governance body of the Wholesale Electricity Spot Market (WESM), has elected its new set of board of directors and officers that will help oversee the operations of the country’s power spot market. The reconstituted board...
Electrical engineers from Davao Light and Power Co. Inc. (Davao Light), a distribution utility of Aboitiz Power Corp., have been recognized as globally competent professional engineers after they were conferred the title of Association of Southeast Asian Nations Chartered Professional Engineers...
CEBU CITY – Sufficient power must be ensured in a place with a fast-rising economy like Metro Cebu. RONALDO Ramos, chief operating officer for operated assets of the AboitizPower Thermal Business Group, speaks during the Good Design, Good Business Summit of the Cebu Business Months 2024 on...
CHORDS “Life flows on within you and without you,” sang the late great George Harrison in a Beatles song he wrote for the Sgt. Pepper’s album. With a chapter of my life coming to a close as I leave AboitizPower, looking back on my professional life — from being an Engineer to President and...
With RES, businesses can achieve significant savings on electricity costs, enhancing overall financial performance. Newsrooms typically race against time to break the latest stories and deliver attention-grabbing headlines to the public with seamless connectivity – hence, access to reliable and...
Five indigenous peoples (IP) associations in the municipalities of Impasugong and Manolo Fortich in Bukidnon were given P500,000 worth of livelihood projects from Hedcor, a renewable energy subsidiary of Aboitiz Power Corp., and Aboitiz Foundation Inc. THE Santiago Tribal Community Santrico Inc....
A subsidiary of Yuchengco-led PetroGreen Energy Corporation (PGEC) has inked a 10-year power supply agreement (PSA) with SN Aboitiz Power Group (SNAP) for the supply of 15.6 megawatts (MWac) from the former’s solar facility in Nueva Ecija. The corporate entity of the Yuchengco group which...
Aboitiz Power Corp. (AboitizPower), together with its retail electricity customer, Philex Mining Corp., provided much-needed vitamins and over-the-counter medicines for the people of Barangay Ansagan in Tuba, Benguet. AboitizPower recently donated medicines to Barangay Ansagan in Tuba,...
