Global Infrastructure Partners (GIP), a part of BlackRock, and one of the world’s leading infrastructure investors, is in the process of finalizing a strategic partnership with Aboitiz Equity Ventures Inc. (AEV), starting with the acquisition of a 40 percent stake in Aboitiz InfraCapital....
SN Aboitiz Power Group (SNAP) is ramping up its efforts to build more renewable energy (RE) projects beyond hydropower assets. In an ambush interview, SNAP President and Chief Executive Officer (CEO) Joseph Yu said that there are more projects in the pipeline, which hold less than 300 megawatts...
Aboitiz Renewables Inc. and the Aboitiz Foundation won the “Outstanding CSR Project for Arts and Culture” at the CSR Guilds Awards 2025 for “Project Tahi ‘Ta!”, a community initiative that empowers women from the Higaonon tribe in Impasugong, Bukidnon through a culture-based sewing...
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 Construction reported that it has signed a contract with Aboitiz Equity Ventures’ subsidiary Republic Cement and Building Materials Inc. (RCBM) to provide site-specific support across three of its key facilities. In a statement, the engineering unit of the Aboitiz Group said this deal...
The consortium led by the Aboitiz conglomerate emerged victorious on Friday, July 4, as it won the right to take over the 797-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plants in Laguna—a prime Luzon energy asset—from the state-run Power Sector Asset and Liabilities...
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,...
The Energy Regulatory Commission (ERC) has expanded its retail aggregation program (RAP) to include schools, allowing educational institutions to consolidate their electricity demand and choose their own power suppliers. In a statement, ERC said that SM Prime Holdings, Inc. and Aboitiz-led...
Aboitiz Construction has diversified into the business of providing maintenance services to the Aboitiz Group’s airport and property units, in order to expand its portfolio beyond construction to long-term operations and asset upkeep. In a statement, the firm announced that this new business...
MORONG, Bataan — Aboitiz Power Corporation (AboitizPower), through private limited partnership GNPower Dinginin Ltd. Co. (GNPD), concluded its three-year sea turtle or pawikan protection and conservation program, SagiPaWeCan, in Sitio Fuerte, Barangay Poblacion, Morong, Bataan, with a hatchling...