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...
The municipality of Impasugong, Bukidnon received rainwater harvesting tanks from Hedcor, an Aboitiz Power Corp. subsidiary, and Aboitiz Foundation Inc. to help provide water to the community during the dry season. IMPASUGONG Municipal Disaster Risk Reduction and Management Office Head...
Gold Coin China, a subsidiary of the Aboitiz-led Pilmico and Gold Coin group, increased capacity with the completion of its new $23.1 million feed mill in Yunnan, China. In a statement, Pilimico parent company Aboitiz Equity Ventures said this feedmill is currently the largest comprehensive...
The confiscated drugs from the arrested suspects (Photo from Parañaque police) A child in conflict with the law (CICL) who was tagged as a high value individual (HVI) and two others were arrested during a buy-bust operation in Parañaque City on Saturday, July 6. Parañaque City Police Chief...
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...
Aboitiz-led Union Bank of the Philippines (UnionBank) announced that its Senior Executive Vice President Ana Maria Aboitiz Delgado will take the helm of the bank next year from current President and CEO Edwin R. Bautista who had been asked to extend his term in 2022. In a disclosure to the...
Aboitiz InfraCapital (AIC) Estate Water has launched its pilot solar deep well program in West Cebu Estate, an AIC Economic Estate. In a statement on Monday, June 24, the firm said this initiative transitions the deep well facility of West Cebu Estate to a fully off-grid, solar-powered system. The...
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...
A new transfer service system in the Mactan-Cebu International Airport (MCIA) called “Cebu Connect” aims to cut layover time from an hour to 30 minutes or less. This project was part of MCIA’s operator Aboitiz InfraCapital GMR Megawide Cebu Airport Corporation (AGMCAC) plan to boost tourism...
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...
Real estate giant Ayala Land, Inc. (ALI) of the Zobels is buying out the Aboitiz Group’s 50 percent stake in Cebu District Property Enterprise Inc. (CDPEI) for P1.81 billion. In a disclosure to the Philippine Stock Exchange, ALI said it has entered into a share sale and purchase agreement...
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...
