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...
The $1.8-billion acquisition of Coca-Cola Beverages Philippines Inc. (CCBPI) by Aboitiz Equity Ventures Inc. (AEV) and Coca-Cola Europacific Partners Plc (CCEP) takes a further step towards completion after getting the green light from the Philippine Competition Commission (PCC). In a disclosure to...
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...
Aboitiz Equity Ventures Inc. (AEV), the investment arm of the Aboitiz Group, and Coca-Cola Europacific Partners Plc (CCEP), have entered into a definitive agreement to jointly acquire Coca-Cola Beverages Philippines Inc. (CCBPI) from The Coca-Cola Company (TCCC) for $1.8 billion. In a disclosure to...
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...
Aboitiz Land’s digital ecosystem for its customers, OneVecino, has been recognized with the esteemed title of Best Online Real Estate Portal at the International Finance Awards 2023. OneVecino is a comprehensive suite of tools and services tailored to enhance the experience of its...
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....
Aboitiz InfraCapital, Inc., the dynamic infrastructure arm of the Aboitiz Group, has further strengthened its pledge to sustainability promotion and actions by joining the Manila Bulletin Sustainability Forum 2023. The annual Manila Bulletin Sustainability Forum adheres to its objective of...
Leading energy player Aboitiz Power Corporation has inked a memorandum of understanding (MOU) with the Japan Bank for International Cooperation (JBIC) so it can explore ‘transition financing package for its planned power projects – primarily for targeted developments in the renewable energy...
BATANGAS, Philippines – The Aboitiz Football Cup, the Philippines' longest-running grassroots football tournament under the Aboitiz Group, is gearing up for its exciting 23rd season. The action unfolds on the vibrant Aboitiz Pitch, the largest multi-sports artificial turf in Luzon, nestled...
Aboitiz Equity Ventures Inc. (AEV) reported a 16 percent decrease in its net income to P18 billion for the first nine months of 2023 compared as against P21. 4 billion in the same period in 2022. In a disclosure to the Philippine Stock Exchange (PSE), the firm attributed the decline to its...