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Aboitiz Power Corporation

Company Summary

Description

Aboitiz Power Corporation, a vertically integrated company engaged in power generation, distribution, and energy supply, is one of the largest private power producers in the Philippines. The Generation Group harnesses power from a right-mix portfolio of renewable (hydro, geothermal and solar) and non-renewable (coal and oil) sources through its 46 generation facilities across the country. The company’s hydro group is the pioneering industry leader in the development of small to medium hydroelectric plants over the past 39 years

Website

https://aboitiz.com/about-us/aboitiz-equity-ventur...

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Recent news

  • 9/27/2021 - JERA Investing $1.58B... (subscriber access)

Company Transactions

Date: 9/27/2021
Type: Acquisition

BUYERS:
  • Jera
  • DETAILS:

    COST: 1.58 $B

    NOTES:
    Japan's JERA has made a $1.58 billion investment into Aboitiz Power, a utility company in the Philippines. This will give them a 27% stake in the entity, as the firm pushes to grow its assets from 4.6 GW to a 2030 level of 9.2 GW, including 50% renewables.
    REGIONS:
  • Asia