Advent Energy Inc., a retail electricity supplier (RES) business unit of Aboitiz Power Corporation, has signed up Vita Tropic Ice Company Inc., an ice manufacturing entity, as its first customer under the Green Energy Option Program (GEOP) of the government. The GEOP policy promotes that green...
Aboitiz Group, one of the country’s largest conglomerates, is increasing its capital expenditures by 152 percent to P69 billion this year from the P27 billion utilized in 2021. In a statement, the firm said on Friday, March 18, the substantial budget increase will be used to fund the growth plans...
media Aboitiz Construction clinched the deal to develop the second phase of affiliate LIMA Estate’s industrial land expansion in Lipa-Malvar, Batangas, the former announced March 7. The project, which will generate 22,000 job opportunities, covers 57 hectares and will be completed next year. It...
Aboitiz Group President and Chief Executive Officer (CEO) Sabin M. Aboitiz underscores that the Great Transformation focuses on “People” and everything else follows, during the Aboitiz Leaders Conference held virtually on February 10, 2022. Aboitiz Group leaders are taking on the responsibility...
The Aboitiz Group is undergoing what it calls a “Great Transformation” focusing on “high-potential growth initiatives” and a “renewed entrepreneurial mindset” to allow it to thrive in a new business landscape. This also involves the group’s continuous investment in the...
THANK YOU. Visayan Electric President and Chief Operating Officer, Raul Lucero (5th from left), and AboitizPower Distribution Utilities Chief Operating Officer, Anton Mari Perdices (7th from left), receive a plaque of appreciation and Cebu cinnamon tree sapling from Gov. Gwendolyn Garcia (6th from...
Committed to living out its #OneAboitizSustainability Framework, the Aboitiz Group completed its efforts in the wetland protection and rehabilitation of the Boracay Wetland No. 4. Conceived as a joint project with the Department of Environment and Natural Resources (DENR), Aboitiz is ready to turn...
From top left: Austal Philippines’s FSTR Ferry in Cebu; Oleochemical plant in Misamis Oriental; Sarangani Power Plant in Sarangani Province; and Davao International Container Terminal in Davao del Norte. Bigger projects underway this 2022 In 2021, Aboitiz Construction, Inc. (ACI) implemented...
The Department of Agriculture (DA) has forged partnerships with the Aboitiz Foundation Inc. and Pilmico Foods Corporation (Aboitiz and Pilmico), TriMerA Integrated Farm (TriMerA), and the SM Supermalls to secure the country's food supply and production. Department of Agriculture (DA) Secretary...
Aboitiz Equity Ventures Inc. (AEV) and JERA Co. Inc. have finalized the Japanese firm’s acquisition of a 25.01 percent stake in Aboitiz Power Corporation (AboitizPower), following the turnover of the $1.46 billion payment. This also comes after the fulfillment of several conditions, including a...
aboitiz-infracapital Aboitiz InfraCapital and its business units have rebranded Nov. 26, 2021in a bid to be "top of mind in infrastructure solutions". "We want to establish InfraCap as a full-fledged Strategic Business Unit within the Aboitiz Group," noted President and CEO Cosette Canilao. For the...
Promotes “shared value creation” as key to meaningful APEC prosperity Aboitiz Group President and Chief Executive Officer, Sabin M. Aboitiz (bottom right), joined senior business leaders at the virtual APEC CEO Summit 2021 Aboitiz Group President and Chief Executive Officer and ABAC PH Member,...
