Following the 6.9-magnitude earthquake that hit Cebu Sept. 30, business units of Aboitiz Power Corp. (AboitizPower) in the province were mobilized to provide support to affected families and communities. Visayan Electric Co. Inc., in partnership with the Aboitiz Foundation, distributed over 1,000...
Aboitiz Renewables, Inc. (ARI) announced its Zambales solar power plant, which is nearing completion, has secured a financing deal with the Bank of the Philippine Islands (BPI). In a disclosure to the Philippine Stock Exchange on Friday, Sept. 12, ARI said that AP Renewable Energy Corp. has...
Aboitiz Power Corp., along with its partner, Japanese JERA Co., Inc. (JERA), has launched a technical talent hub in Mariveles, Batangas, to expand the workforce in the energy sector. On Monday, Sept. 8, AboitizPower and JERA inaugurated the Global Technical Center of Excellence (GTCOE), located in...
One of the Japanese partners of Aboitiz Power Corp. (AboitizPower) in the 420-megawatt (MW) Pagbilao-3 coal-fired power plant is moving ahead on the divestment of its stake in the facility as part of an investment realignment to cleaner energy technologies. According to a source privy to the...
The Power Sector Assets and Liabilities Management (PSALM) has announced that the Aboitiz-led Thunder Consortium has been granted the notice of award (NOA) for the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plants. In a statement on Friday, July 18, PSALM said the consortium—comprising...
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...
QUEZON CITY, PHILIPPINES – The Department of Environment and Natural Resources - Environmental Management Bureau (DENR-EMB) recognized the conservation efforts of its local affiliate, together with Therma Visayas, Inc. (TVI), in helping protect the Tañon Strait in Cebu. TVI, a subsidiary of...
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 Corporation has announced its interest in participating in the Department of Energy 's (DOE) fourth round of the Green Energy Auction (GEA-4), aiming to significantly expand its renewable energy (RE) portfolio. Leo Lungay, Aboitiz Renewables, Inc. (ARI) vice president and general...
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...
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...
For the people of Toledo City, Cebu, the ocean is more than just a view — it’s a lifeline worth preserving. Along one of its coasts, Aboitiz Power Corporation (AboitizPower), through its subsidiary Therma Visayas, Inc. (TVI), is working with the Scubasureros to protect marine ecosystems....
