AboitizPower direct benefits help communities stay afloat during pandemic

PR 11/23/2021

Amidst the continuing global health crisis and resurgence of COVID-19 cases across the country, AboitizPower continues to help communities stay afloat through funds from its power generation subsidiaries within these areas. The company and the Department of…

Everyday items that are harmful to our environment

Rhobie Alburo Ruaya 03/18/2021

The surge of many reusable items over the past years can only mean one thing — people are now more mindful of our environment and are raising awareness to help save our home. Many cities and places…

AboitizPower prevails in 2020, accelerates further to 2021

Rhobie Alburo Ruaya 12/29/2020

When the COVID-19 crisis spread globally, we were forced to reshape our patterns and create new routines, highlighting its profound impact on our lives. However, the pause brought about by the pandemic has allowed us to gain…

AboitizPower ER 1-94 benefits give Cebu LGUs boost in pandemic response

PR 09/30/2020

AboitizPower’s direct remittances to various Cebu local governments and barangays have reached P40.6 million as of end-September, not only providing more funds for development but also a much-needed boost in their respective pandemic responses. Through the Department…

AboitizPower remits P508M to host communities

Rosalie O. Abatayo 09/06/2020

Aboitiz Power Corporation or AboitizPower has remitted a total of P508.2 million shares to its host communities which the latter may use in their COVID-19 response programs. In an e-mailed statement, AboitizPower said it has downloaded P148.2…

Aboitiz Power posts P2.1 billion consolidated net income for 1st quarter of 2020

Irene R. Sino Cruz 05/01/2020

CEBU CITY, Philippines —The Aboitiz Power Corporation registered a lower consolidated net income for the first quarter of 2020. In an emailed statement, Aboitiz Power placed its consolidated net income at P2.1 billion for the period, 43…

Aboitiz Power favors move allowing ER 1-94 funds for response to coronavirus pandemic

Irene R. Sino Cruz 04/09/2020

CEBU CITY, Philippines—Aboitiz Power hails the decision to allow communities that host power generation projects to use their revenue share from these facilities for measures to contain the coronavirus disease 2019 (Covid-19). On April 6, 2020, the…

Aboitiz Group eyes rehabilitation of Buhisan Watershed

Irene R. Sino Cruz 08/28/2019

CEBU CITY, Philippines—The Aboitiz Group has committed to implement a multi-million rehabilitation project involving 150 hectares at the Buhisan Watershed. The project dubbed as the Cebu A-Park, is envisioned to be completed in five years and will…

SC rules with finality to award Naga Power Plant to Aboitiz firm

Victor Anthony V. Silva 12/07/2016

The Supreme Court (SC) has denied with finality the urgent motion filed by SPC Power Corp. (SPC) to reverse the High Tribunal’s ruling that awarded the Naga Power Plant Complex in Cebu to an Aboitiz subsidiary. Aboitiz…

AboitizPower to supply energy needs of 2 Cebu companies

PR 10/03/2016

A MAJOR resort operator and a metal works company in Cebu have chosen Aboitiz Power’s renewable energy to power their continued growth. JPark Island Resort and Waterpark and NKC (Nakanishi Metal Works Co. Ltd), both operating on…

Aboitiz Group reports profit decline

Marites Villamor Ilano 03/09/2016

Power still biggest contributor; real estate arm sets P4.6 billion capital expenditure Despite a higher profit in the fourth quarter of 2015, Aboitiz Equity Ventures, Inc. (AEV) reported a 4-percent decline in its consolidated net income last…

Aboitiz Power Group targets 2,000 MW more in 5 years

Vanessa Lucero 11/09/2015

    The Aboitiz Power Generation Group plans to increase its total power-generating capacity to more than 4,000 megawatts (MW). Manny Rubio, Aboitiz Power external vice president and chief operating officer, said they are targeting an additional…

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