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abtest

Visayas grid gets 505.3MW from private power projects

By Carlo S. Lorenciana | January 27, 2016 - 9:00am

The total capacity of private-led committed power projects for the Visayas grid as of November 2015 reached 505.30 megawatts, latest data from the Department of Energy showed.

Freeman Cebu Business

Aboitiz power set to complete Indonesia drilling

January 16, 2016 - 9:00am

Aboitiz Power Corp. and its partner will complete drilling activities in a geothermal resource in Indonesia by next month.

Business

Aboitiz Power vying for Naga plant rehab contract

January 11, 2016 - 9:00am

The AboitizPower Group expects to get the contract to rehabilitate the Naga Power Plant Complex (NPPC) in Cebu after the Supreme Court nullified the earlier contract given to SPC Power Corp.

Business

Young movers join 10th Aboitiz Future Leaders Business Summit

By Carlo Lorenciana | November 8, 2015 - 9:00am

Executives from the Aboitiz Group of Companies gathered at a summit, sharing their knowledge, experience and philosophies to the country’s future leaders.

Business

AEV lists P24 B bonds at PDEX

By Iris Gonzales | August 7, 2015 - 12:00am

Aboitiz Equity Ventures Inc. (AEV), the holding company of the Aboitiz Group, formally listed yesterday its five-, seven- and 12-year bonds at the Philippine Dealing and Exchange Corp. (PDEX).

Business

AEV raises P24 B from bond sale

By Iris Gonzales | July 31, 2015 - 10:00am

Aboitiz Equity Ventures Inc. (AEV), the holding company of the Cebu-based Aboitiz family, completed yesterday the offering of the first tranche of its fixed-rate retail bonds amounting to P24 billion.

Business

Aboitiz eyes power venture in Indonesia

December 8, 2014 - 12:00am

With the Aboitiz Group currently exploring opportunities to expand its power business abroad, Indonesia has become a leading candidate for its maiden power venture overseas.

Business

Aboitiz allots $680 M for expansion

December 5, 2014 - 12:00am

Aboitiz Power Corp., the power generation arm of the Aboitiz conglomerate, is investing about $680 million to expand the capacity of two coal-fired power projects in Visayas and Mindanao currently under develop...

Business

AboitizPower eyes borrowing for Cebu, Davao expansion

December 5, 2014 - 12:00am

AboitizPower Corp is spending $700 million to hike the capacity of two coal-fired power projects under development in Cebu and Davao.

Freeman Cebu Business

AEV defers retirement of top exec to 2019

November 29, 2014 - 12:00am

Cebu-based conglomerate Aboitiz Equity Ventures Inc. (AEV) is not letting its president and chief executive officer Erramon I. Aboitiz go anytime soon despite his scheduled retirement by 2016.

Business