Power

Azkals’ Anton Del Rosario champions AboitizPower's environmental cause through Alter Space

February 18, 2011

As a player for the Philippine national football team, Anton del Rosario is used to being the underdog—but still winning despite the odds.  Now, the Azkals player is encouraging people to likewise beat the odds when it comes to undoing the damage that has been done to Mother Earth through the Facebook game developed by Cleanergy from AboitizPower, Alter Space.

AboitizPower, Erramon Aboitiz recognized in Asiamoney 2010 Best Managed Company Awards for Philippines

January 4, 2011

Aboitiz Power Corp. (AboitizPower) and Erramon Aboitiz, in his capacity as president and CEO of Aboitiz Equity Ventures (AEV), have earned outstanding recognition in Asiamoney’s Best Managed Company Awards 2010.

Pres. Aquino launches AboitizPower’s Sibulan hydroelectric power plant

September 16, 2010

President Benigno Aquino III is the special guest of honor at today’s launch of the Sibulan hydropower plant, AboitizPower Corp.’s greenfield project that is seen to make a significant contribution to the Mindanao grid.

Free massage for Aboitiz Race to Reduce runners

August 20, 2010

Runners of the Aboitiz Race to Reduce Challenge: A Race for the Next Gen on Aug. 22 at the South Road Properties have something to look forward to after they cross the finish line: a quick yet soothing massage.

Aboitiz Race to Reduce photo contest to promote sustainability

August 18, 2010

The Aboitiz Race to Reduce Challenge: A Race for the Next Gen this Sunday, Aug. 22, at the South Road Properties will have a major sidelight:   a photo contest that not only promotes running as a sustainable sport but as a means to preserve the environment.

AboitizPower 1H core net income grew to P12.9 billion

August 5, 2010

AboitizPower Corporation’s (AboitizPower) consolidated net income was up 696% YoY increase, from P1.6 billion (bn) to P12.7 bn for the first half of 2010. This translates to an earnings per share of P1.73. Foreign exchange losses that resulted from the revaluation of consolidated dollar-denominated loans and placements resulted to a non-recurring loss of P156 mn. Adjusting for this one-off, the company recorded a 590% YoY growth in its core net income, from P1.9 bn to P12.9 bn. 

AboitizPower boosts stable power supply in the country

August 4, 2010

AboitizPower Corp., through subsidiary Redondo Peninsula Energy, Inc. (RP Energy), has announced its decision to pursue investment in constructing a Greenfield project, a 300-MW coal-fired power plant in the Subic Bay Freeport Zone. RP Energy is a joint venture between AboitizPower and Taiwan Cogeneration Corp.

Aboitiz sponsors Philippine Golf Tour leg in Cebu

August 3, 2010

The Aboitiz Invitational at the Cebu Country Club firing off next week will mark a couple of firsts in textthe Philippine Golf Tour (PGT)—the entry of a new title sponsor and a new venue for touring pros.

Ambuklao plant rehabilitation forges on

July 8, 2010

MANILA, 7 July 2010— AboitizPower Corporation, in a disclosure to the Philippine Stock Exchange, informed that the rehabilitation of the civil and electro-mechanical components of the 75-MW Ambuklao Hydroelectric Power Plant located in Bokod, Benguet is now 75% complete.

AboitizPower and partners ink MOA for new 150-MW in Mindanao

June 28, 2010

AboitizPower and its partners in STEAG State Power, Inc., operator of a 232-MW coal plant located at the Phividec Industrial Estate in Villanueva, Misamis Oriental, firmed up their collective intention to develop a third unit of approximately 150-MW capacity adjacent to the existing facility.