Aboitiz Power Corporation
ABZPF
Other OTC0.64
USD
- -
- -
ISIN
PHY0005M1090
Return %
Stock
S&P500
1Y
-24.72
26.53
3Y
- -
76.60
5Y
48.01
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Danel C. Aboitiz
- Full Time Employees
- 4,678
- Sector
- Utilities
- Industry
- Regulated Electric
- Address
- NAC Tower Taguig City Philippines 1634
- IPO Date
- Feb 22, 2013
- Website
- aboitizpower.com
- Similar Companies
- Business
- Aboitiz Power Corporation Aboitiz Power Corporation (AboitizPower) is a holding company engaged in power generation, distribution, retail electricity supply, and distributed energy across the Philippines. The company operates 49 power generation facilities featuring a balanced portfolio of renewable sources including hydroelectric via wholly-owned subsidiary Hedcor with over 20 run-of-river plants in Luzon and Mindanao, geothermal plants in Laguna, Batangas, and Albay, solar farms such as the facility in Negros Occidental and developments through AboitizPower Distributed Energy Inc. (APX), and large hydro through joint venture SNAP with Scatec Solar; thermal assets encompass over 12 coal and oil-based facilities nationwide supporting baseload and peak demands, including interests in GNPower Mariveles (2x316 MW coal plant in Bataan) and GNPower Dinginin (2x668 MW supercritical coal plant in Bataan). In power distribution, AboitizPower holds stakes in seven utilities serving millions of customers across extensive areas, notably the second-largest Visayan Electric powering Cebu, Mandaue, Talisay, Naga, Liloan, Consolacion, Minglanilla, and San Fernando; the third-largest Davao Light covering Davao City, Panabo City, and parts of Davao del Norte; Cotabato Light in Cotabato City and Maguindanao; and the EnerZone Group in Subic Zambales, Lima Batangas, Balamban, and Mactan Cebu. Retail electricity services are provided through subsidiaries like Aboitiz Energy Services Inc. (AESI) since 1994, AdventEnergy with 100% renewable sourcing, Prism Energy as a joint venture with Vivant, and SNAP-RES for open access consumers averaging at least 1 MW. Founded on February 13, 1998 and headquartered in Taguig City at NAC Tower in Bonifacio Global City, AboitizPower is the largest subsidiary of Aboitiz Equity Ventures, commanding a 22-24% share of the national grid's installed capacity with attributable net sellable capacity of 5,284 MW as of mid-2025 including 1,187 MW renewable and 4,097 MW thermal, primarily serving residential, commercial, industrial, and institutional customers nationwide. Recent developments include the Thunder Consortium—led by Aboitiz Renewables Inc. with partners Sumitomo Corp. and Electric Power Development Co.—securing a P36-billion acquisition of the 797-MW Caliraya-Botocan-Kalayaan hydroelectric complex in Laguna comprising 39.37-MW Caliraya, 22.91-MW Botocan, and 366-MW/368.36-MW Kalayaan I/II pumped-storage plants, targeting financial close by late 2025 pending Philippine Competition Commission approval and turnover by PSALM in February 2026; a proposed $220-million purchase of 25% stake in Vietnam's 1,320-MW Van Phong 1 high-efficiency coal-fired plant from Sumitomo marking its first major international expansion and deepening bilateral ties; a PHL-Japan consortium MoU for renewable energy innovations; and initiatives like a 30-MW hybrid battery energy storage system in Cebu and grid-tied rooftop solar with partners such as Profood International and Coca-Cola Europacific Partners.