AP Renewables Inc. (APRI), a subsidiary of Aboitiz Power Corporation, is eyeing completion this year of its 17-megawatt binary plant for integration into its existing 330MW Tiwi geothermal power facility in Albay province. As a follow-through to last year’s award of the engineering, procurement...
DAVOS, Switzerland — Two of the Philippines' top business tycoons agreed that President Ferdinand "Bongbong" Marcos Jr. has been successfully showcasing the Philippines on the global stage at the ongoing World Economic Forum (WEF) here. President Ferdinand 'Bongbong' Marcos Jr. meets...
ZURICH, Switzerland — President Ferdinand "Bongbong" Marcos Jr.'s participation in the annual World Economic Forum (WEF) has gotten the backing of seven of the country's most prominent businessmen, Malacañang said. Aboitiz President and CEO Sabin Aboitiz speaks at the luncheon with...
Aboitiz InfraCapital (AIC) has cemented a deal with Global Electric Transport (GET) on its planned deployment of electric vehicle (EV) fleet for its Lima Estate in Batangas, an 800-hectare economic zone development that hosts export-oriented investors. In an announcement to the media, Rafael...
The Aboitiz Group was recognized by Corporate Governance Asia at the 12th Asian Excellence Awards for its achievements and excellence in management acumen, financial performance, corporate social responsibility, environmental practices, and investor relations. The theme for the ceremony was...
Despite disruption caused by the pandemic to the agriculture industry, Girlie and her fellow farmers found a way to continue farming and selling their harvests by opening an online shop. With the large number of conglomerates in the country, there are no shortage of philanthropic activities that...
AboitizPower team members plant a narra tree sapling on the site in Cayanga, Bugallon, Pangasinan province where the company’s 94-MW peak solar power plant will soon rise. The sturdy and durable narra, considered as the Philippines’ national tree, was chosen to symbolize AboitizPower’s strong...
Unity Digital Infrastructure Inc., a joint venture between Aboitiz InfraCapital, Inc. (AIC) and Partners Group via portfolio company, Terra Digital Philippines Corporation, is acquiring 650 telecommunications towers worth P9.2 billion from PLDT Inc. The digital portfolio positions the Aboitiz Group...
Aboitiz Power Corporation is evaluating the "premium" it could generate from the planned initial public offering (IPO) of its subsidiary, Aboitiz Renewables Inc. (ARI), which houses the various renewable energy assets of the group. According to Aboitiz Power Chief Financial Officer Liza Luv T....
Albeit inflation, ongoing wars between countries, and the impact of the pandemic, what remains among the Filipino people is good foresight for the Philippines. In the height of tough times, hope is still in the pusong Pinoy . That’s how Issa Litton, the host of Kapihan sa MB, threaded the...
As the nation emerges out of the difficulties of the pandemic, continuing the country’s push for economic growth will be vital. There is no better way to ensure this than with projects that bring about thriving communities and an improved quality of life. Helping these projects get from the...
Aboitiz InfraCapital Inc. (AIC) has closed its acquisition from Megawide Construction Corporation and GMR Airports International, B.V. (GAIBV) for the P25 billion acquisition of the Mactan-Cebu International Airport. In a disclosure to the Philippine Stock Exchange, Megawide said the transaction...
