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Naga plant’s fate hangs in the balance

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The fate of the 153-megawatt Naga coal and diesel power plant complex in Cebu province hangs in the balance as SPC Power Corp. and the Aboitiz Group are both trying to gain control of the assets.

Posted: May 27th, 2014 in Headlines | Read More »

Aboitiz sets expansion sights abroad

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The Aboitiz group is scouting for offshore acquisition opportunities for its power and food businesses in line with the upcoming integration of Southeast Asian economies into a unified market by 2015.

Posted: May 20th, 2014 in Headlines | Read More »

Aboitiz keen on bidding for other airport projects

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The Aboitiz Group is keen on bidding for other “bundled” regional airports the government may auction off under its public private partnership (PPP) program and it may keep its partnership with the Ayala group, a company official said.

Posted: February 22nd, 2014 in Headlines | Read More »

Meralco staggers rate hike after protests

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INQUIRER.net FILE PHOTO

Faced with unprecedented protest actions over an impending record rate increase, Manila Electric Co. (Meralco) on Friday announced it would carry out the estimated P3.44-per-kilowatt-hour increase in generation charge in stages, starting this December.

Posted: December 6th, 2013 in Latest Business Stories | Read More »

Aboitiz group to sell P10B in bonds

Aboitiz Equity Ventures Inc. has obtained approval from the Securities and Exchange Commission to sell P10 billion in retail bonds, a Philippine Stock Exchange filing showed on Friday.

Posted: November 8th, 2013 in Headlines | Read More »

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