March 16, 2022

Aboitiz unit sets ₧28-B capex

BY LENIE LECTURA – MARCH 15, 2022 from Business Mirror Aboitiz Power Corp. is setting aside P28 billion in capital expenditures (capex) for this year to finish its power projects and build new plants. The amount is higher than the […]
August 12, 2021

Aboitiz keen on supplying power to Meralco via CSP

BY LENIE LECTURA – AUGUST 11, 2021 from Business Mirror AboitizPower ABOITIZ Power Corp. will participate in the competitive selection process (CSP) for the Manila Electric Co.’s (Meralco) baseload capacity requirement of 1,000 megawatts (MW) for 2026 to 2046 and […]
July 30, 2021

AboitizPower income hits P4 billion in Q2

BY LENIE LECTURA – JULY 29, 2021 from Business Mirror Aboitiz Power Corp. posted P4 billion in net income in the second quarter, bringing its first-half net income to P10.1 billion. The power firm reported strong financial results during the […]
June 18, 2021

DOE finally admits power capacity shortage

By Myrna M. Velasco – June 17, 2021, 4:37 PM from Manila Bulletin The Department of Energy (DOE) finally admitted that Luzon grid already lacks capacity to meet peak electricity demand, especially with the recurring dilemma of forced outages of […]