Renewable energy (RE) developer SN Aboitiz Power Group (SNAP) has acquired funding from local banks to expand its battery energy storage systems (BESS) in Isabela and Benguet. In a disclosure to the Philippine Stock Exchange on Tuesday, Feb. 18, SNAP reported that it has secured financing from...
Arabica coffee wildings thrive in elevated places like Bakun, Benguet, especially as its cultivation at higher elevations and in cooler temperatures help the concentration of its flavor. (This is an A.I. generated picture.) Hedcor, a renewable asset manager of Aboitiz Power Corporation...
Aboitiz Power President and CEO Danel Aboitiz After over two decades of deregulation, the Philippine power sector remains a complex challenge—marked by unreliable service, high costs, and persistent darkness in many islands and remote areas. This underscores the fact that industry...
(Left) Scubasureros documenting their first dive beneath the Therma Visayas jetty. The divers hope to raise awareness about the importance of conserving marine life to divers and non-divers alike. (Right) A Therma Visayas team member participates in a tree planting activity inside the power plant....
Aboitiz Foundation, the social development arm of the Aboitiz Group, celebrates its achievements in 2024, reinforcing its commitment to creating positive impacts through its strategic pillars: Future Leaders, Jobs, and Climate Action. The foundation also set meaningful and scaled-up efforts for...
Aboitiz-led Union Bank of the Philippines (UnionBank) expects its profits to continue growing this year after reporting strong growth in net income for 2024 on the back of record revenues. “Our retail-focused strategy allowed us to book record-high top line revenues. We should see the continued...
The onset of economic reforms and foreign investment in the 1980s spurred commercial and residential property development in the country, marked by increased competition and diversification of the property sector. Single-use property developments have evolved to mix-use properties since the 1990s...
Three Philippine power giants—Manila Electric Company (Meralco), Aboitiz Power Corporation (AboitizPower), and San Miguel Global Power Holdings Corporation (SMGP)—have strengthened their alliance with the recent financial close of a $3.3 billion (approximately ₱192.9 billion) deal. In...
Breastfeeding mothers in Bukidnon conquer digital skills, proving strength and growth can thrive together A group of breastfeeding mothers, fondly called as “Super Nanays,” have shown remarkable resilience by completing Elevate AIDA (Artificial Intelligence Data Annotation), a program that...
Thirty years is a milestone not many companies reach, but for Aboitiz Land, it’s a testament to decades of innovation and commitment to building communities where people thrive. In 2024, the company celebrated this achievement with a series of prestigious industry awards that underscore its...
Aboitiz Power Corporation's renewable energy unit, Aboitiz Renewables Inc. (ARI), announced it will move forward with the development of the Libmanan onshore wind project in Camarines Sur. In a statement, ARI said it has taken over the shares of its former partner, Mainstream Renewable Power...
Following its change of ownership, Coca-Cola Beverages Philippines Inc. (CCBPI) has officially changed its legal name to Coca-Cola Europacific Aboitiz Philippines Inc. (CCEAP). “Our new name signifies an exciting new phase in our journey as we reaffirm our commitment to serving our customers,...
