Aboitiz Equity Ventures Grows 2016 Full-year Profit by 27% to PhP22.5B

Taguig—(PHStocks)—Aboitiz Equity Ventures Inc. (PSE: AEV) saw its consolidated net income increase by 27% year-on-year (YoY) from PhP17.7 billion in 2015 to PhP22.5 billion in 2016. This translates to PhP4.02 in earnings per share. Power accounted for 65%, followed by the Banking and Financial Services, Food, Infrastructure, and Land strategic business units (SBUs) with income […]
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Aboitiz Power Declares Cash Dividends

Taguig—(PHStocks)— The board of directors of Aboitiz Power Corp. (PSE: AP) has declared regular cash dividend of PhP1.20 per share and special cash dividend of PhP0.46 per share to stockholders of record as of 22 March 2016, payable on 19 April 2016. Related Articles:AboitizPower Subsidiary Starts Full Commercial OperationsAboitizPower Declares Full Commercial Operations of Davao Baseload […]
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AboitizPower Subsidiary Starts Full Commercial Operations

Taguig—(PHStocks)—Aboitiz Power Corp. (AboitizPower, PSE: AP) has announced that wholly owned subsidiary Therma South Inc.’s (TSI) Unit 2 started full commercial operations February 2, 2016. TSI is the project company for the construction of the 2 x 150MW base-load power plant in Barangay Binugao, Toril District, Davao City, and Barangay Inawayan, Sta. Cruz, Davao del Sur. Related Articles:AboitizPower […]
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AboitizPower Declares Full Commercial Operations of Davao Baseload Power Plant

Taguig—(PHStocks)—Aboitiz Power Corp. (AboitizPower, PSE: AP) subsidiary, Therma South Inc. (TSI), has declared commercial operations starting February 2, 2016 of the second unit of its Davao Baseload Power plant. Unit 2 will add another 150MW (130MW net) to the Mindanao grid. TSI earlier declared commercial operations of its first 150MW (130MW net) unit last September 18, 2015, allowing […]
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AboitizPower Subsidiary Starts Construction of Toledo Power Plant

Manila–(PHStocks)–Therma Visayas Inc., a subsidiary of Aboitiz Power Corp. (AboitizPower, PSE: AP) and Vivant Corp. (PSE: VVT), announced the commencement of the construction of its 340MW thermal power plant in Toledo City, Cebu. The power plant, which will have a net capacity of 300MW is scheduled for completion in early 2018 . The notice to proceed […]
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AboitizPower, SunEdison Partner to Develop 300MW of Utility-scale Solar Energy in PH

SunEdison Inc. (NYSE: SUNE) entered into a joint framework agreement with Aboitiz Renewables Inc., a wholly-owned subsidiary of Aboitiz Power Corp. (AboitizPower, PSE: AP), to jointly explore, develop, construct and operate up to 300MW of utility-scale solar photovoltaic power generation projects in the Philippines over the next three years. “It’s an ideal partnership,” said Ahmad Chatila, chief […]
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Annual Stockholders’ Meeting Announcements

Aboitiz Equity Ventures Inc. (PSE: AEV)  Date: 21 May 2012, 4:00 p.m. Venue: Sta. Maria One and Two, Radisson Blu Hotel, Serging Osmena Boulevard corner Juan Luna Avenue, Cebu City Record Date: 30 March 2012 Other notes: Stockholders’ Briefing will be held on 24 May 2012, 4:00 p.m., at the Grand Ballroom of InterContinental Manila, No. 1 […]
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AboitizPower 4Q11 Net Income Down 17%

Cebu–(PHStocks)–Aboitiz Power Corp. (AboitizPower) (PSE: AP) recorded a consolidated net income of PhP5.4 billion for the quarter ending December 31, 2011, recording a decline of 17% year-on-year (YoY). The movements in the peso-dollar exchange rate resulted to a PhP124 million non-recurring loss due to the revaluation of consolidated dollar-denominated loans and placements. A one-off loss of […]
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