PSALM Issues Certificate of Effectivity on AboitizPower Subsidiary’s Purchase of Naga Power Plant Complex

Aboitiz Power Corp. (AboitizPower, PSE: AP) subsidiary Therma Power Visayas Inc. (TPVI) has received the Certificate of Effectivity (COE) from the Power Sector Assets and Liabilities Management Corp. (PSALM) to initiate the former’s purchase of the Naga Power Plant Complex located in Naga City, Cebu. The COE implements the Sept. 28, 2015 decision of the […]
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Aboitiz Power Subsidiary Aseagas Shuts Down Plant

Aboitiz Power Corp. (AboitizPower, PSE: AP) announces that the biomass plant operated by its wholly-owned subsidiary Aseagas Corp. will permanently cease operations. Aseagas earlier suspended its commissioning due to unavailability of the supply of organic effluent wastewater from its supplier, Absolut Distillers Inc. The company also took the opportunity to assess the plant’s other issues, […]
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