AboitizPower

Power

Nestlé pursues renewable energy with AboitizPower

In recent years, more and more organizations and institutions in the Philippines have taken significant steps to mitigate adverse effects on the environment, in support of the UN Sustainable Development Goals. As a leader in the food and beverage industry, Nestlé Philippines has programs and projects in place to realize its goal of minimizing environmental impact. These include its initiative to use clean and renewable energy.

Corporate Center

Values-Driven Growth: AEV and AboitizPower ASM 2019

Aboitiz Equity Ventures, Inc. (AEV) has earmarked PHP81 billion in capital expenditures (capex) for 2019, a 65% increase from roughly PHP50 billion utilized in the previous year. The bulk of the fresh funding will be infused into power and infrastructure projects to sustain growth momentum over the long-term.

Power

Lessons from a career woMOM

All too often, we approach the question of career or family as black and white: either you work full-time or you become a stay-at-home mom. AP Gen’s CFO, Racquel Bustamante, however, chose to break this traditional divide.

People & Culture

Young and in Luv

AboitizPower’s Chief Financial Officer, Liza Luv Montelibano, decided at a young age that her true passion lies in finance. Her career story reflects her sheer determination, independence, and an indomitable passion for learning.

Power

Small plant, big impact

Perhaps unknown to its many neighbors in the community of Tugbok, this renewable power facility used to supply a huge chunk of the city’s power needs – lighting homes, commercial establishments, and the city’s budding industrial economy then.

Cover Story

Aboitiz launches sustainable livelihood programs in Marawi

The Aboitiz Group launched a number of sustainable livelihood programs to help Maranaos start anew, one year after Marawi City’s liberation from the armed siege. Dubbed “Kawiyagan: Biyaya ng Pagbabago”, the program is a series of sustainable livelihood initiatives for the residents of Sagonsongan Resettlement Site, which temporarily houses thousands of displaced families. It complements the government’s efforts to help the once bustling capital of Lanao Del Sur get back on its feet.

Corporate Center

AEV’s nine-month net income up by 9% to PHP17.3 billion

On a year-to-date basis, AEVs net income for the first nine months of 2018 was PHP17.3 billion, 9% higher than the PHP15.9 billion recorded last year, while core net income stood at PHP17.7 billion, up 4% from PHP17.1 billion last year. Gains from the company’s Power, Food, and Land strategic business units contributed to the increase.

ABC Stories

Sustaining the 1AP Culture

Close to 2,000 AboitizPower team members gathered last June 29, July 16, July 30, and August 2 in various locations in Manila, Cebu, Baguio, and Davao, respectively, to kick off the 1AP Culture. Made up of a series of activities that re-articulated the 1AP Culture, the program sought to ensure that the company’s culture statements are clear and simple for all to understand and live by every day.

Power

Understanding the CFB Process

Learn about the Circulating Fluidized Bed (CFB) Technology being used by Therma South, Inc. (TSI) in generating power. This modern technology is one of the environment-friendly means of generating power out of non-renewable fuel.

Power

AboitizPower: EPIRA is working

At the culminating activity of the Energy Policy and Development Program (EPDP), held on July 18 at the UP School of Statistics Auditorium, AboitizPower COO Emmanuel V. Rubio, highlighted the Electric Power Industry Reform Act’s (EPIRA) impact on the Philippines’ electricity market.

Other CSR

AboitizPower subsidiary helps nourish schoolkids

In the next four months, AboitizPower subsidiary Therma Visayas Inc. (TVI) will work hand in hand with the Aboitiz Foundation Inc. (AFI) and Pilmico to provide high energy biscuits to these schoolchildren, with the main objective of being able to give nourishment not only to the body, but also to the mind.

Foundation

Young educator takes teaching to new heights

For Angeline “Angie” Quiatchon, teaching means so much more than the lessons taught inside a classroom. Recognizing her essential role in preparing the young to become productive members of society in the future, 30-ye​ar-old Teacher Angie of Bitin Elementary School in Laguna, has made learning more engaging, hence more meaningful, for her students.

Power

A small town making a big difference

The landlocked municipality of Alilem – a couple of hours south of Vigan – may not have as much picturesque Hispanic architecture similar to its more popular neighbors, but it has been contributing much more as the world faces the challenge of environmental conservation.

Foundation

TSI brings digital learning to host community school

Therma South donated 24 ICT (information communication technology) kits, one for each classroom of Binugao Central Elementary School (BCES) in Davao City last November 22. The donation is part of the company’s ICT integration project, which began in May 2017 in partnership with the University of Mindanao, that conducted basic Microsoft Office skills training for the school’s homeroom teachers.

Power

Hedcor breaks ground on 19-MW Bineng Hydro

Hedcor, AboitizPower’s subsidiary that operates and manages run-of-river hydropower plants all over the Philippines, broke ground for its 19-megawatt (MW) Bineng Combination Hydro project in La Trinidad, Benguet, sustaining the said municipality’s story as a hydropower host community.

Power

SURSECO 1 chooses AboitizPower’s Cleanergy

In an effort to push for a more balanced energy supply portfolio, Surigao del Sur 1 Electric Cooperative, Inc. (SURSECO 1) recently signed an agreement with AboitizPower subsidiary, Hedcor Bukidnon, for 2 megawatts (MW) of clean and renewable energy supply for its customers in 2018.