Leading the way in sustainability, NEO's One/NEO (left photo) and Six/NEO (right photo) in BGC are both powered by 100 percent renewable energy for on-site use since 2013. Today, all seven of the real estate developer’s office buildings run on clean energy from AboitizPower's Cleanergy plants....
Aboitiz Power Corporation's renewable energy unit, Aboitiz Renewables Inc. (ARI), has energized its largest solar project to date, the 173-megawatt peak (MWp) Calatrava Solar Project in Negros Occidental. "Calatrava is our fifth energized solar facility and the largest in Aboitiz Power's growing...
The Private Sector Advisory Council (PSAC) applauded the signing into law of a measure granting value-added tax (VAT) refunds to non-resident tourists. In a statement, Sabin Aboitiz, PSAC lead convenor and Aboitiz Group president and chief executive officer, said the new law, a key council...
Aboitiz Power Corporation, through its renewable energy unit Aboitiz Renewables, Inc. (ARI), announced the energization of its first solar power plant in Central Luzon. The Armenia Solar Project in Tarlac, with a capacity of 45-megawatt peak (MWp), was switched on in November and connected to the...
Aboitiz Power Corporation expects sustained strong performance through the end of 2024, driven by its distribution business, infrastructure development, and power generation. Danel Aboitiz, Aboitiz Power chief commercial and stakeholder engagement officer, explained that the company is in "growth...
Aboitiz InfraCapital, Inc. (AIC) is expanding its airport portfolio after securing a deal to upgrade, operate, and maintain Bohol-Panglao International Airport. In a statement on Wednesday, Nov. 27, the infrastructure arm of the Aboitiz Group said it received the notice of award (NOA) from the...
In a hopeful projection for 2030, the International Energy Agency predicts global renewable electricity generation will increase by 90 percent from 2023. Britain's last coal-fired power plant has also shut down, concluding 142 years of coal reliance that sparked the fossil-fuel-hungry Industrial...
It’s easy to feel frustrated and point fingers when facing abnormal weather patterns, especially in the disaster-stricken Philippines, where calamities swing by like unwanted visitors who frequent poor communities. Lest we forget, developing nations suffer the most from rich countries'...
The Powering Cebu business forum was attended by (L-R) Cebu Governor Gwendolyn F. Garcia (center), Visayan Electric President & COO Raul Lucero (1st), AboitizPower Thermal Group Chief Engineering & Projects Officer Don Paulino (2nd), Philstar Media Group President & CEO Miguel...
The Philippine Competition Commission has approved the buyout by Ayala Land, Inc. (ALI) of Aboitiz Group’s 50 percent stake in their joint venture, Cebu District Property Enterprise Inc. (CDPEI), for P1.81 billion. In a disclosure to the Philippine Stock Exchange, Aboitiz Equity Ventures...
Megawide Construction Corporation has opted to completely divest its remaining minority stake in Aboitiz GMR Megawide Cebu Airport Corporation’s (AGMCAC) operator of the award-winning Mactan Cebu International Airport (MCIA) for P7.76 billion. In a disclosure to the Philippine Stock Exchange,...
Aboitiz InfraCapital Inc., the infrastructure arm of the Aboitiz Group, said hands are now on deck to redevelop the P12.75-billion Laguindingan International Airport in Misamis Oriental. In a statement on Tuesday, Oct. 29, Aboitiz InfraCapital said that it will redevelop Laguindingan airport in two...
