Aboitiz Power Corporation, via its subsidiary Aboitiz Renewables Inc. (ARI), is lining up the construction of two solar power projects that will add up 383.7-megawatt aggregate capacity to its renewable energy (RE) portfolio. The projects taking off from the company’s drawing board will be the...
Aboitiz Renewables, Inc. (ARI), a subsidiary of Aboitiz Power Corporation, has cemented a joint venture deal with Singapore-headquartered Vena Energy (Vena Energy) for the planned 102-megawatt wind farm installation that will straddle Rizal and Laguna sites. In a statement to the media on Thursday,...
Aboitiz Power Corp. (AboitizPower) subsidiaries Hedcor and Luzon Hydro Corp. (Luzon Hydro), together with Aboitiz Foundation Inc. (Aboitiz Foundation), donated rice and fuel to host communities hit by typhoon “Egay.” Egay devastated communities in northern parts of Luzon after its landfall on...
Aboitiz Group President and CEO Sabin M. Aboitiz (front, second from left), as ABAC PH member and Sustainable Growth Working Group (SGWG) Vice Chair, and accompanied by Aboitiz Equity Ventures’ First Vice President and Chief Reputation and Sustainability Officer Ginggay Hontiveros-Malvar...
Revenue stream from its Dinginin coal-fired power plant had been the main driver of Aboitiz Power Corporation’s income surge to P17.8 billion in the first half, 79 percent jump from P10 billion in a comparative period last year. The income surge was largely boosted during the second quarter...
As the Philippines and Japan were able to cultivate a harmonious synergy ever since the establishment of diplomatic relations on July 23, 1956, both nations continue to intertwine and significantly affect each other’s history, culture and trade. With both countries looking to grow and prosper...
The Aboitiz Foundation, Connected Women, and the Department of the Interior and Local Government (DILG) signed a memorandum of understanding (MOU) on Tuesday, July 18, in support of the Foundation’s initiative to upskill women in artificial intelligence and data annotation (AIDA) under its Elevate...
Seated (from left): Connected Women Co-Founder Ruth Yu-Owen, DILG Sec. Benjamin “Benhur” Abalos, Jr., Aboitiz Group President and CEO Sabin M. Aboitiz, Aboitiz Foundation President and COO Maribeth L. Marasigan. Standing (from left): DILG Usec. Margarita Gutierrez, Connected Women CEO Agnes...
Pilmico Animal Nutrition Corporation celebrates its 25th anniversary with the theme “PANC at 25: Energized to Nourish the Future.” For over 25 years, Pilmico Animal Nutrition Corporation (Pilmico) has nourished the nation through its mill to meal process, bringing high-quality feeds,...
Residents of Barangay Astorga, Santa Cruz, Davao del Sur hit by flash floods received relief packs from representatives of AboitizPower subsidiaries Hedcor Sibulan Inc. and Therma South Inc. RESIDENTS affected by flash flood in Barangay Astorga, Santa Cruz, Davao del Sur receive relief goods...
The Aboitiz Group said it has not acquired a majority stake in the low-cost carrier AirAsia Philippines. “We want to assure our stakeholders and the public that any significant developments regarding our company will be communicated and disclosed first by us through official channels,” the...
Transition financing for nuclear tech in PH sought By MYRNA M. VELASCO For nuclear power developments to take off in the country, private sector players are batting for transition financing or loan guarantees on top of the other set of incentives and a firm policy and regulatory frameworks for the...