Aboitiz Power Corporation - updates

Rappler's latest stories on Aboitiz Power Corporation

ARTICLE FINDER

Next AboitizPower CEO won't come from Aboitiz clan

Apr 22, 2019 - 9:20 PM

(UPDATED) AboitizPower COO Emmanuel Rubio will be the company's president and CEO effective January 1, 2020

Power firms deny collusion allegations

Apr 15, 2019 - 5:10 PM

Aboitiz Power Corporation's Manny Rubio says companies won't connive to cause power outages, as these are bad for business

CA says ERC can hear case vs Meralco, Aboitiz subsidiaries

Jul 01, 2018 - 3:45 PM

The Court of Appeals junks the petition filed by Meralco and two Aboitiz subsidiaries seeking to dismiss a complaint filed by the Energy Regulatory Commission's investigating unit

AboitizPower ventures into solar rooftops

Apr 02, 2018 - 4:45 PM

The power firm sets up a new unit called AboitizPower Distributed Energy, which is eyeing projects in Luzon and the Visayas this year

AboitizPower ready to take over Negros solar power project

Jan 02, 2018 - 6:45 PM

The 59-megawatt peak (MWp) solar photovoltaic power generation project is seen to be one of the largest solar power projects in the Philippines to date

AboitizPower expands hydroelectric business

Nov 19, 2017 - 8:45 PM

The company's latest facility is the $47-million Maris hydroelectric power plant in Isabela, which took two years to build

GREENFIELD HYDRO. The $47-million Maris hydroelectric power plant is the first greenfield project of SN AboitizPower, which took the firm two years to build. Photo from AboitizPower

LOOK: First half core profit of Meralco and AboitizPower

Aug 04, 2017 - 7:33 PM

Meralco s core net income slightly declines to P10 1 billion in the first half of 2017 while that of AboitizPower slightly increases to P10 5 billion

DRIVERS. Meralco's core net income declines due to lower retail revenues while AboitizPower's core net income increases on the back of new power plants. File photo

Proposed SEC rule to hit San Miguel, PAL Holdings, Andrew Tan firms

Jun 17, 2017 - 10:49 AM

About 68 listed Philippine firms including 4 Andrew Tan led businesses will need to sell more shares to the public if SEC hikes the minimum public float to 20

RAISE. The SEC proposed to double the minimum public float level to 20% by July 1, 2017.

Eton taps Aboitiz for power supply

Jun 11, 2017 - 11:40 PM

Under the agreement Eton Properties will be sourcing 5 2 MW from the MakBan Geothermal Power Plant in Batangas

ENVIRONMENT FRIENDLY. The real estate developer is creating more office spaces that are environment-friendly to optimize the continuous growth of the business process outsourcing (BPO) industry

AboitizPower explores Myanmar, Indonesia amid PH power oversupply

Mar 15, 2017 - 7:15 PM

With the current situation the Philippines second largest power producer by capacity says local firms can only grow by expanding outside the country or buying out competitors

GROWTH OPPORTUNITIES. AboitizPower is doing feasibility studies in Myanmar and Indonesia for possible hydropower projects. Rappler file photo

AboitizPower exits geothermal exploration in Indonesia

Jan 31, 2017 - 4:38 PM

Aboitiz says it will step aside to allow its partner PT Medco Power Indonesia to proceed with the exploration and development of a potential geothermal power plant in Ijen East Java Province

WITHDRAW PLANS. Aboitiz steps aside to allow its partner, PT Medco Power Indonesia, to proceed with the exploration and development of a potential 2x55-megawatt (MW) geothermal power plant in Ijen, East Java Province. Rappler file photo

SC orders awarding of Naga Power Plant to Aboitiz's Therma Power

Oct 13, 2016 - 6:45 PM

A high court ruling gives the operation and ownership contract of the Naga Power Plant Complex to AboitizPower s Therma Power Visayas Incorporated

COURT RULING. The high court upholds the validity of PSALM’s public bidding of the Naga Power Plant in Cebu, which was then awarded to Aboitiz Power’s Therma Power Visayas Incorporated. Rappler file photo

AboitizPower eyes Chevron's PH, Indonesian geothermal assets

May 16, 2016 - 7:00 PM

These assets which could be for sale next year include one of the world s largest geothermal operations

Meralco: Competitive Selection Process will hurt consumers

Nov 02, 2015 - 6:00 AM

The policy is illogical and not in consumers interest as it gives gencos the power to dictate prices says the head of the distribution utility Manuel Pangilinan

AboitizPower sets geothermal project in Indonesia

Sep 21, 2015 - 5:16 PM

AboitizPower International Pte Ltd enters into an agreement with PT Medco Power Indonesia for the exploration and development of a potential greenfield geothermal plant in East Java Province

OPPORTUNITIES. AboitizPower CEO Erramon Aboitiz earlier says the power firm is looking at opportunities abroad, particulalry in Southeast Asia and the Pacific.

Pinoys join global call for Norway fossil fuel divestment

May 23, 2015 - 10:10 PM

Campaigners say Norwegian pension funds 50 70 of Philippine coal plants

Meralco-led consortium resumes 600-MW Subic coal plant

Feb 04, 2015 - 2:02 PM

Now that the Supreme Court has ruled in favor of its 600 megawatt power plant RP Energy hopes to complete construction in 3 and a half years

Aboitiz Power taps 2 firms for P41-B power plant in Cebu

Jun 02, 2014 - 1:45 PM

The project is expected to be finished by 2017 a critical year for the Visayas grid

PEC borrows P33.3B to build Pagbilao Unit 3

May 16, 2014 - 3:47 PM

An omnibus agreement has been signed with a consortium of lender banks for loans and credit accommodations to finance the construction of Unit 3 of the coal fired plant

Pagbilao plant

Aboitiz Group Q1 profit down on lower power, bank earnings

May 07, 2014 - 1:11 PM

But the holding firm s food and real estate units performed well during the quarter

Market abuse? DOJ sets probe amid Meralco price hike

Dec 16, 2013 - 2:42 PM

DOJ will look into allegations of unfair business practice by power firms to increase the price hike of Meralco 3 times more than expected