Aboitiz Power
AboitizPower is the holding company for the Aboitiz Group’s investments in power generation, distribution, and retail electricity services. It advances business and communities by providing reliable and ample power supply at a reasonable and competitive price, and with the least adverse effects on the environment and host communities.
AboitizPower’s earnings down 4% to $302.48m in H1
AboitizPower’s earnings down 4% to $302.48m in H1
Depreciation of its coal plant assets impacted income negatively.
AboitizPower’s net profit down 4% in H1
Blame it on depreciation and interest expenses.
Aboitiz Power calls for regional cooperation to enhance energy workforce
Countries should leverage their edge to develop the manpower.
AboitizPower launches 49 MW hybrid BESS project
This is the first battery project in Southeast Asia that was built on a floating platform.
Aboitiz Power unit to construct 172 MWp solar plant in the Philippines
It tapped AFRY for the development of the project.
Philippines’ Meralco, Aboitiz, San Miguel launch $3.3b LNG facility
The partnership will contribute over 2,500 MW of generation capacity once fully operational.
Aboitiz Power increases stake in STEAG State Power
STEAG State Power runs a 210-megawatt coal-fired power plant.
AboitizPower, JBIC ink deal for energy transition cooperation
The partnership will help ramp up AboitizPower’s renewable energy development.
Aboitiz Power recovering after typhoon setbacks: report
Its distribution sales volumes rose 4.8% year-on-year.
Vena Energy, Vivant Energy, Aboitiz form JV for 206 MW Philippines wind project
This will be one of the largest onshore wind projects in the country.
Aboitiz Renewables, Vena Energy form JV for wind project in the Philippines
The project is expected to start operations in 2025.
Thermal plants remain significant to Philippines’ energy security, AboitizPower says
This comes amidst peak energy demand during the summer.
Philippines’ AboitizPower closes new retail energy partnership
The agreement will power a four-hectare production facility in Pampanga province.
AboitizPower net income climbs by 32% in 2022
Its net income stood at P27.5b (US$497.7b).
AboitizPower, EPI closes power supply deal
EPI will be providing solar power capacity to AboitizPower’s retail electricity companies.
AboitizPower leads PH-Japan Consortium to explore renewable energy development
The consortium includes Kawasaki Heavy Industries, IKS, and Amber Kinetics.
AboitizPower, JERA partner to explore greener fuels in the Philippines
The two companies will be assessing the feasibility of ammonia co-fired power generation.
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