Business Highlights

AboitizPower posts 6% income growth to P21.7 billion in 2018

For 2018, AboitizPower recorded a net income of P21.7 billion, 6% higher than the P20.4 billion recorded in the previous year. Non-recurring losses o...
AboitizPower subsidiary opens new substation

he Visayan Electric Company (VECO) recently inaugurated its 20th substation within its franchise area, bringing more stable and reliable power supply ...
AboitizPower subsidiary’s Issue Credit Rating for Its Outstanding P4.0 Billion Corporate Notes Maintained at PRS Aa plus

Philippine Rating Services Corporation (PhilRatings) maintained the Issue Credit Rating of PRS Aa plus, with a Stable Outlook, for the outstanding P4....
AboitizPower lists PhP 10.2B fixed rate bonds

Aboitiz Power Corporation recently listed PhP 10.2 Billion Fixed Rate Bonds Series B Due 2024 and Series C Due 2028 on PDEx, the second tranche of its...
AboitizPower grows nine-month net income by 6% to P16.7 billion

On a year-to-date (YTD) basis, AboitizPower recorded a net income of P16.7 billion in the first nine months of 2018, 6% higher than the P15.7 billion ...
AboitizPower business unit, LGUs sign agreement on proposed Alimit project

SN Aboitiz Power (SNAP) and the municipal governments of Aguinaldo, Lagawe, and Mayoyao signed a framework agreement on the proposed Alimit Hydropower...
AboitizPower invests in AC Energy’s thermal power company

27 September 2018 – Aboitiz Power Corporation (AboitizPower) entered into a share purchase agreement with Arlington Mariveles Netherlands Holdin...
“EPIRA is working” - AboitizPower

At the culminating activity of the Energy Policy and Development Program (EPDP), held on July 18 at the UP School of Statistics Auditorium, AboitizPow...
AboitizPower subsidiary among top taxpayers in San Carlos City for 2017

AboitizPower subsidiary San Carlos Sun Power Inc. (SacaSun) was recently recognized by the San Carlos City government as among its top taxpayers ...
AboitizPower's Cleanergy brand earns PH Quill

Cleanergy, AboitizPower's brand for its clean and renewable energy (RE) portfolio, received a merit award at the 16th Philippine Quill Awards, held re...
AboitizPower subsidiary takes over Naga power plant complex

Last, July 16, 2018, the Naga Power Plant Complex in Cebu was physically turned over and accepted by AboitizPower subsidiary Therma Power Visayas...
PSALM issues Certificate of Effectivity on AboitizPower subsidiary's purchase of Naga power plant complex

AboitizPower subsidiary Therma Power Visayas, Inc. (TPVI) has received the Certificate of Effectivity (COE) from the Power Sector Assets and Liabiliti...
VECO makes bills payments more convenient

Customers of the Visayan Electric Company (VECO) can now practically pay their bills anywhere in the country with close to 8,000 third party agent (TP...
AboitizPower unit launches first rooftop solar project

AboitizPower’s new rooftop solar unit recently inaugurated its first project, highlighting its entry into this small-scale market segment while ...
AboitizPower ends first quarter 2018 with P4 billion profit

Aboitiz Power Corporation recorded for the first quarter of 2018 a 9% year-on-year (YoY) decrease in its consolidated net income, from ...

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