Who We Are
AboitizPower is the Philippines’ leading provider of renewable energy, advancing business and communities towards A Better Future.
AboitizPower is the Philippines’ leading provider of renewable energy, advancing business and communities towards A Better Future.
AboitizPower champions sustainability initiatives and ventures that help make the world a better place not only for people living today but for generations to come.
AboitizPower upholds the highest ethical standards, safeguarding the integrity of our initiatives and developments as a business enterprise and a partner for environmental protection.
View our shareholder relations and investment reports and find out how we prioritize addressing the triple bottom line of people, planet, and profit.
Stay updated on the latest stories and developments about AboitizPower.
A Better Future and career await you at AboitizPower. Browse through our job vacancies and join our ever-growing family today!
November 17, 2015
With the refinancing, which took effect on September 21, the USD375 million-credit facility signed in August 2008 will now be up to USD436.
23 million, coming from the company’s remaining lenders which are Nordic Investment Bank (NIB), International Finance Corporation (IFC), BDO, and BPI. Senior Manager for Treasury Dixie Diaz said that with the refinancing, SNAP-Benguet now enjoys better commercial terms that include longer term from the current 12 years to 15 years. SNAP-Benguet was also able to negotiate a lower interest rate with the new spread from 1.
5% to 1.
20% - translating to an effective interest rate of 5.
2253% for the next eight years.
As one of the Philippines’ largest power producers, we help fill the nation’s growing energy needs by providing secure and affordable access to sustainable power across the country.
Learn more about our businessesAboitizPower champions sustainability initiatives and ventures that help make the world a better place not only for people living today but for generations to come.
View our sustainability initiativesView our shareholder relations and investment reports and find out how we prioritize addressing the triple bottom line of people, planet, and profit.
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