Aboitiz Power Corp. (AboitizPower) announced that a subsidiary of its Therma Power Inc. will construct a battery energy storage system (BESS) in Cebu, which will be slated for commissioning by next year. In a statement, AboitizPower said Therma Power’s East Asia Utilities Corp. (EAUC) will soon...
Aboitiz Power Corporation announced that its oil-fired power plant in Cebu is set to reach the end of its corporate lifespan by next year, a few years after its electrification. In a disclosure to the Philippine Stock Exchange on Tuesday, July 8, Aboitiz Power said that the Cebu Private Power Corp....
Aboitiz Power Corp.’s (AboitizPower) renewable energy (RE) arm and Lopez-led First Gen Corp. (FGen) are bidding for the Caliraya-Botocan-Kalayaan Hydroelectric Power Plants (CBK HEPP), according to the state-run Power Sector Assets and Liabilities Management Corp. (PSALM). PSALM’s...
In a push to expand its renewable energy (RE) portfolio, Aboitiz Renewables Inc. (ARI), the RE unit of AboitizPower Corporation, plans to increase its solar capacity by the end of the year. In a briefing, Leo Lehbo Lungay, ARI solar and wind business group, vice president and general manager,...
As one of the Philippines’ largest producers and distributors of electric power, Aboitiz Power Corporation (AboitizPower) carries out its purpose of Transforming Energy for a Better World through its corporate values of integrity, teamwork, innovation, responsibility, and service excellence. At...
The Securities and Exchange Commission (SEC) has approved the shelf registration of Aboitiz Power Corp.’s (AboitizPower) ₱100-billion worth of fixed rate bonds and its ₱30-billion offering for the first tranche. In a statement, the SEC said the Commission en banc has considered favorably the...
Aboitiz Power Corporation (AboitizPower) was cited as one of the “Top 50 Employers in the Philippines for 2025” by online job-hunting platform, Kalibrr. According to Kalibrr, being listed is a distinction that highlights “commitment to excellence in employer branding, talent engagement, and...
The ongoing rise of artificial intelligence (AI) sees Aboitiz Power Corporation’s Transition Business Group (TBG) reportedly planning to weave smart technology and data analytics into its coal operations. In a statement this Thursday, May 29, AboitizPower announced that its AI integration will...
Therma South, Inc. (TSI), an Aboitiz Power Corporation subsidiary, recently released 67 hatchlings from the first of five sea turtle (pawikan) nests found along the shoreline of the power plant in Binugao, Toril, Davao City. TSI team members, local barangay officials, and experts from Ridge to Reef...
Three moms from Manolo Fortich, Bukidnon shared stories of delicate balancing acts and rewarded commitments as they recounted their experiences in Elevate AIDA, a program that empowers women by teaching them remote work skills and basic professional and computer abilities. Elevate AIDA — which...
Students and business owners in Barangay Malabog, Davao City are able to progress as accessible electric power finally reaches their homes and establishments. Mitch Balbuena, 14, dreams of being a teacher but initially found it hard to focus on her studies, relying on intermittent power from solar...
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...
