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...
Aboitiz-led bank also awarded‘Best Digital Banking Services in the Philippines’ Union Bank of the Philippines (UnionBank) strengthened its position as a digital trailblazer in the Philippine banking space anew as it recently took home two major awards at The Asian Banker Excellence in Retail...
The joint venture of Aboitiz Power Corporation and AC Energy and Infrastructure Corp. of the Ayala group will be selling electricity to Manila Electric Company (Meralco) for a rate higher by P1.65 per kilowatt hour (kWh) to P5.96 per kWh compared with the cheaper P4.31 per kWh rate of South...
Tougher times are upon us. Filipinos, regardless of economic status, feel the impact of high inflation rates. Apart from the economic struggles, the threat of COVID-19 remains. But with hopeful transformation through the power of technology and innovation, we can retain a positive outlook on the...
The Philippine Dealing and Exchange Corporation (PDEx) has approved the planned listing of Aboitiz Equity Ventures’ (AEV) P20 billion fixed-rate retail bonds, which includes oversubscriptions. In a disclosure to the Philippine Stock Exchange, AEV said the 2022 Bonds consist of a base offer in the...
It is impossible to look to the future without putting sustainability at the forefront of present action. That is why for Manila Bulletin’s inaugural Sustainability Forum, anchored on the theme “Beyond Green,” audiences learned best practices from sustainability trailblazers who have...
Filipino CEOs highlighted the opportunities and strength of the Philippines and the domestic economy as the main reason the country is being dubbed as the “next best thing in Asia.” At the 55th Annual Dialogues Summit of the Pacific Basin Economic Council (PBEC), Aboitiz Group President and...
