^
+ Follow LUZON HYDRO CORP Tag
LUZON HYDRO CORP
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 671361
                    [Title] => Aboitiz Renewables gets full ownership of Luzon Hydro
                    [Summary] => 

Aboitiz Renewables, a wholly-owned subsidiary of Aboitiz Power Corp., yesterday signed a memorandum of agreement with Pacific Hydro Bakun Inc. (PHBI) and Luzon Hydro Corp. giving the company full ownership of Luzon Hydro.

[DatePublished] => 2011-04-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 521236 [Title] => Cebu court restrains Aboitiz partner [Summary] =>

A Cebu City court has issued a temporary restraining order against Pacific Hydro Bakun Inc. (PHBI), the joint venture partner of Aboitiz-owned Philippine Hydropower Corp. (PHC) in Luzon Hydro Corp. (LHC), in connection with PHC’s complaint for “tortious interference in contractual relations and exercise of property rights.”

[DatePublished] => 2009-11-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 441134 [Title] => Aboitiz Power eyes takeover of Tiwi-Makban facilities [Summary] =>

Aboitiz Power Corp., the power generation arm of the Aboitiz group, will likely start operating the 289-megawatt (MW) Tiwi and 458.53-MW Makban geothermal power facilities in the second quarter of this year.

[DatePublished] => 2009-02-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 76414 [Title] => Aboitiz Power more than doubles recurring income to P2.19 B in H1 [Summary] => [DatePublished] => 2008-08-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 56406 [Title] => Luzon Hydro settles dispute with contractor [Summary] => [DatePublished] => 2008-04-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 51441 [Title] => PSALM sets bid for Napocor IPP deals in August [Summary] => [DatePublished] => 2008-03-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 367815 [Title] => Aboitiz Equity profit drops to P2.4B [Summary] => Aboitiz Equity Ventures Inc., the listed investment holding firm of the Aboitiz family, reported a 6.3 percent drop in its net profit in the nine months ending September this year to P2.4 billion, from the restated net income in the same period in 2005.

In the third quarter, AEV’s net earnings likewise drop-ped 6.4 percent to P845 million.
[DatePublished] => 2006-11-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 350559 [Title] => Aboitiz Equity reports 6% lower income of P1.56B in first half [Summary] => Aboitiz Equity Ventures Inc. (AEV), the listed investment holding company of the Aboitiz family, reported a six-percent drop in its first half net profit this year to P1.56 billion, mainly due to lower earnings from its banking, food and transport units.

In a disclosure to the Philippine Stock Exchange, AEV said the first half net income is equivalent to an earnings per share (EPS) of 32 centavos.

AEV said earnings before interest, taxes, depreciation and amortization (EBITDA) likewise declined by eight percent to P3.13 billion.
[DatePublished] => 2006-08-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 305793 [Title] => Aboitiz Equity posts 37% income growth in 9 months [Summary] => Aboitiz Equity Ventures Inc. (AEV) reported a 37-percent jump in net income to P2.48 billion in the first nine months of 2005, buoyed by the strong performance of the investment holding company’s power, food and banking businesses.

In a press statement, AEV said its earnings before interest, taxes, depreciation and amortization (EBITDA), rose 20 percent year-on-year to P5 billion.

The group’s electric business pumped in P1.76 billion to the holding company’s earnings in the first nine months, up 50 percent from the same period last year.
[DatePublished] => 2005-11-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 294283 [Title] => Int’l court awards $11.8M to Aboitiz power unit [Summary] => The arbitration tribunal of the International Chamber of Commerce International Court has awarded $11.8 million to Aboitiz Equity Ventures Inc.’s (AEV) 50-percent subsidiary Luzon Hydro Corp. (LHC) as reimbursement for repairs made in a hydroelectric power plant in Bakun, Ilocos Sur.

AEV said the award arose from a turnkey contract in which Transfield Philippines Inc. (TPI) agreed to design, construct, commission and hand over to LHC a 70-megawatt (MW) hydroelectric power project in Ilocus Sur.
[DatePublished] => 2005-08-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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