Aboitiz Power Corp. (AboitizPower) reported a dip in its net income contribution to its parent, Aboitiz Equity Ventures, Inc. (AEV), during the first quarter of 2025. In a disclosure to the Philippine Stock Exchange on Tuesday, April 30, the company said lower prices in the Wholesale Electricity...
Aboitiz Power Corporation (AboitizPower) plans to raise up to ₱30 billion from a planned bond issuance, representing the initial tranche of its new three-year Shelf Registration program of up to ₱100.0 billion. Philippine Rating Services Corporation (PhilRatings) said it has assigned the...
It’s a busy year for Aboitiz Power Corp. (AboitizPower), as it presented six renewable energy (RE) projects and a coal plant expansion up for completion by 2026. During an online briefing on Monday, April 28, Danel Aboitiz, AboitizPower’s president and chief executive officer (CEO), disclosed...
Two months after announcing its plans to decommission the Naga Oil-fired power plants, Aboitiz Power Corporation has announced the successful disconnection of the facilities from the grid. In a disclosure to the Philippine Stock Exchange on Wednesday, April 16, AboitizPower said that its...
AP Renewables Inc. (APRI), the geothermal subsidiary of Aboitiz Power Corporation, together with the Aboitiz Foundation, was recognized by the National Resiliency Council (NRC) as esteemed partners in its Adopt-a-Municipality project. In collaboration with the Department of Environment and Natural...
To minimize the risk of potential power outages, the Department of Energy (DOE) urged consumers in Luzon to practice energy conservation as two natural gas power generation facilities are set to shut down from March 29 to March 31. In a statement on Friday, March 28, the DOE reported that the...
While the company’s net income steadied last year, Aboitiz Power Corp. (AboitizPower) is expecting its new projects to help drive up earnings and offset the slowdown in the Wholesale Electricity Spot Market (WESM) prices. In an ambush interview with Danel Aboitiz, president and chief executive...
What does it take to build the future of energy? In Aboitiz Power Corporation (AboitizPower), an initiative to develop smart power plants — called Project Arkanghel — is proving that the answer lies in both technology and people. As industries evolve, competitive advantages in capacity and...
Aboitiz Power Corp. (AboitizPower) announced that its net income grew marginally in 2024 despite the performance of its unit GNPower Dinginin Ltd. Co. (GNPD). In a disclosure to the Philippine Stock Exchange on Friday, March 7, AboitizPower noted a two percent increase in its net income from...
Fresh graduates-turned-team members, including those from engineering courses, cite management and culture as among the top reasons why it is good to work for AboitizPower. Aboitiz Power Corporation (AboitizPower) has been named Prosple’s “Top Employer for Fresh Graduates in the Energy...
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...
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...
