Listed firm Aboitiz Power Corporation will be shifting most of its power investments into the renewable energy (RE) development terrain in the next decade, with strategic focus on key markets in the Philippines and overseas, according to company president and chief executive officer Emmanuel V....
Aboitiz Power Corporation has secured the approval of the Philippine Dealing and Exchange Corporation (PDEx) for the listing of its P8.0 billion Series ‘A’ bond issuance, which has an allotment for oversubscription. “The PDEx approval paves the way for the secondary market trading of the...
Listed firm Aboitiz Power Corporation is accelerating its investment pitch for battery energy storage system (BESS) as added solution in building up the reliability of electricity supply as well as in ensuring stability of power grids, via its 12 projects that will add up 248 megawatts to its...
Aboitiz Power Corporation is planning to raise up to P8 billion from a proposed bond issuance as the initial tranche of its new three-year Shelf Registration of up to P30 billion. The firm is planning to offer bonds worth up to P4 billion with an oversubscription option of up to P4 billion to...
Aboitiz Equity Ventures Inc. reported a 47 percent fall in consolidated net income to P8.3 billion in the first nine months of 2020 from the P15.7 billion posted in the same period of last year. In a disclosure to the Philippine Stock Exchange, the firm said it recognized non-recurring losses of P5...