Business

AboitizPower geothermal unit earns fourth IMS certification

In photo: World-class. The MakBan and Tiwi facilities of AboitizPower geothermal business unit, AP Renewables, Inc. (APRI) are among the world’s biggest geothermal power plants, hence, there is a deliberate effort to make sure these remain globally competitive.|   AboitizPower subsidiary AP Renewables, Inc. (APRI) successfully retained its Integrated Management System (IMS) certification, which covers […]

Business

AboitizPower invests in AC Energy’s thermal power company

Aboitiz Power Corporation (AboitizPower) entered into a share purchase agreement with Arlington Mariveles Netherlands Holding BV, an affiliate of AC Energy, Inc. (AC Energy), and a shareholders’ agreement with AC Energy, a wholly-owned subsidiary of Ayala Corporation, for the proposed acquisition of a 49% voting stake and 60% economic stake in AA Thermal, Inc., AC […]

Business

APRI, PGPC sign Geothermal Resources Supply and Services Agreement

AP Renewables, Inc. (APRI) and Philippine Geothermal Production Company, Inc. (PGPC, formerly Philippine Geothermal Inc.), commit to continue the development of clean geothermal energy with the signing of a Geothermal Resources Supply and Services Agreement (GRSSA) today, August 24, for the supply of steam and drilling of new production wells in the Tiwi and MakBan Geothermal Complex, […]

Business

AboitizPower sees solar’s bright future

AMID a rapidly changing energy industry landscape in the Philippines, AboitizPower sees bright prospects for newer technologies such as rooftop solar and deems it critical for power companies to assist customers through this process. Jose Rafael Mendoza, general manager of the newly-formed AP business unit AboitizPower Distributed Energy Inc. (APX), said more people are becoming interested […]

Business

AboitizPower unit launches first rooftop solar project

THE AboitizPower’s new rooftop solar unit recently inaugurated its first project, highlighting its entry into this small-scale market segment while expanding its already diverse Cleanergy portfolio. The new unit, AboitizPower Distributed Energy Inc. (APX), began operating the 100-kilowatt installation on top of the Aboitiz and Co. office in Cebu City in March and has since […]