Aboitiz Power Corporation
ABZPY
Other OTC15.55
USD
- -
- -
ISIN
US0037301084
CUSIP
003730108
Return %
Stock
S&P500
1Y
14.35
26.84
3Y
-3.28
77.03
5Y
58.37
80.55
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
•
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
- Aug 19, 2014
- Website
- aboitizpower.com
- Similar Companies
- Business
- Aboitiz Power Corporation Aboitiz Power Corporation (AP), incorporated on February 13, 1998 and headquartered in Taguig City, Philippines, operates as a leading power generation, distribution, retail electricity supply, and distributed energy provider primarily in the Philippines, with a subsidiary structure including wholly-owned entities such as Aboitiz Renewables, Inc. for renewable assets and Therma Power, Inc. for non-renewable generation; it serves industrial, residential, commercial, and other customers across franchise areas in 18 cities and municipalities plus five economic zones in Luzon, Visayas, and Mindanao through nine distribution utilities, while supplying electricity via power supply contracts, ancillary service procurement agreements, and wholesale spot market trading. The company's core offerings encompass a balanced portfolio of hydropower, geothermal, solar, coal, and oil-based power plants with a net sellable capacity of approximately 6,079 MW as of early 2025; retail electricity services including customized energy solutions, hybrid smart metering/IoT systems, technical services such as electrical thermography, power quality analysis, and dissolved gas analysis; and distributed energy solutions like after-the-meter solar installations for industries including property development, meat processing, semiconductors, steel, and cement, alongside behind-the-meter solar ventures and emerging battery energy storage systems. As a subsidiary of Aboitiz Equity Ventures, Inc., Aboitiz Power Corporation maintains a 22.47% share of the national grid's installed generating capacity and focuses on supporting the Philippines' energy transition with goals to expand renewable capacity to 4,600 MW by 2030 through 3,700 MW of new solar, wind, geothermal, hydro, and battery projects. Recent strategic developments include a planned P7.6 billion expansion of its Olongapo solar park in Zambales to bolster solar presence in Central Luzon; a targeted year-end 2025 financial close for the P36 billion acquisition of the 1,152 MW Caliraya-Boto-Cavinti-Kalayaan (CBK) hydroelectric complex, deepening ties with partner Sumitomo; an initial $220 million pursuit of a 25% stake in Vietnam's 1,320 MW Van Phong coal-fired power plant for international expansion before opting out; groundbreaking preparations for a 30 MW hybrid battery energy storage system in the Mactan Economic Zone via Therma Power, Inc.; and a new memorandum of understanding to lead a PHL-Japan consortium exploring renewable energy innovations for grid stability and cost savings.