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AP Renewables studies Mt. Apo steam potential

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AP Renewables Inc., a subsidiary of Aboitiz Power Corp., is now studying the geothermal energy potential of two areas around Mt. Apo in power-starved Mindanao.

Posted: April 17th, 2014 in Headlines | Read More »

Aboitiz unit completes Binga upgrade

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Listed firm Aboitiz Power Corp. diclosed Monday that its affiliate, SN Aboitiz Power—Benguet Inc. (SNAP-Benguet), has completed rehabilitation works on the Binga hydroelectric power plant in Itogon, Benguet.

Posted: September 2nd, 2013 in Headlines | Read More »

Aboitiz unit cited for environmental compliance

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Aboitiz Power Corp. subsidiary Therma South Inc. was awarded with the first Outstanding Environmental Impact Assessment (EIA) by the Department of Environment and Natural Resources-Environmental Management Bureau.

Posted: July 26th, 2013 in Latest Business Stories | Read More »

Aboitiz unit completes rehab of Navotas barges

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A unit of Aboitiz Power Corp. has completed the rehabilitation of four power barges moored at the fish port complex in Navotas City, allowing it to contribute a total of 242 megawatts to the Luzon grid.

Posted: June 3rd, 2013 in Latest Business Stories | Read More »

Aboitiz unit seeks to put up 300-MW coal plant

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Aboitiz Power Corp. is planning a 300-megawatt (MW) coal-fired power plant in Toledo City, Cebu, as part of a P190-billion investment plan that will increase the company’s attributable capacity by 50 percent to 3,500 MW in five years.

Posted: May 24th, 2013 in Headlines | Read More »

Aboitiz Power reports decline in profit

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Aboitiz Power Corp. posted an 18-percent decline in its consolidated net income to P4.6 billion in the first quarter this year due largely to a drop in electricity prices and to a lower volume of electricity sold.

Posted: May 3rd, 2013 in Latest Business Stories | Read More »

Ayala eyes Mindanao power projects

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The Ayala group, through energy arm AC Energy Holdings Inc., is aggressively expanding its power generation portfolio to include Mindanao and is in talks with prospective partners undertaking projects on the electricity-starved island.

Posted: April 21st, 2013 in Headlines | Read More »

Aboitiz set to complete vital projects in Mindanao

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Aboitiz Power Corp. is on track to completing P35 billion worth of projects in Mindanao, which can deliver over 300 megawatts of much-needed power to the electricity-starved island by 2015.

Posted: March 4th, 2013 in Latest Business Stories | Read More »

Aboitiz Power eyes 300-MW plant in Cebu

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Aboitiz Power Corp. is planning to build a 300-megawatt power plant in Cebu to help address the need for additional capacity in the Visayas grid starting 2015.

Posted: February 18th, 2013 in Latest Business Stories | Read More »

Aboitiz Power to invest P85B in energy projects

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Aboitiz Power Corp. is embarking on P85 billion worth of power-generation facilities that will add about 1,500 megawatts to the Luzon and Mindanao grids in four years’ time.

Posted: February 14th, 2013 in Headlines | Read More »

Aboitiz Power to sign loan deals for $1.82B projects

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Aboitiz Power Corp. expects to sign within the year several loan agreements to finance two crucial coal-fed power plant projects worth a combined $1.82 billion and help fund the capital spending of its distribution utilities.

Posted: January 27th, 2013 in Latest Business Stories | Read More »

RP Energy gets ECC for Subic project

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Redondo Peninsula Energy Inc. has obtained an environmental compliance certificate (ECC) for the second 300-megawatt unit of its $1.28-billion coal-fired power plant in Subic Bay Freeport.

Posted: December 3rd, 2012 in Headlines | Read More »

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