Aboitiz Power Company Description
Aboitiz Power Corporation, through its subsidiaries, engages in the power generation and distribution, and electricity retail businesses in the Philippines.
It operates hydropower, geothermal, solar, coal, and oil-based power plants. The company supplies its electricity through power supply contracts, ancillary service procurement agreements, and trading in the wholesale electricity spot market; and distributes electricity to the industrial, residential, commercial, and other customers through nine distribution utilities that supply electricity to franchise areas covering 18 cities and municipalities and five economic zones in Luzon, Visayas, and Mindanao.
It is also involved in the provision of electricity-related services, such as installation of electrical equipment; and retail of electricity to various industries, including property development, meat processing, semiconductors, steel, and cement.
As of January 31, 2024, the company owned 5,332 megawatts of net sellable capacity. The company was incorporated in 1998 and is headquartered in Taguig City, the Philippines.
Aboitiz Power Corporation is a subsidiary of Aboitiz Equity Ventures, Inc.
Country | Philippines |
Founded | 1998 |
Industry | Electric Services |
Employees | 4,262 |
CEO | Danel Aboitiz |
Contact Details
Address: NAC Tower Taguig City, 1634 Philippines | |
Phone | 63 2 8886 2800 |
Website | aboitizpower.com |
Stock Details
Ticker Symbol | AP |
Exchange | Philippine Stock Exchange |
Fiscal Year | January - December |
Reporting Currency | PHP |
SIC Code | 4911 |
Key Executives
Name | Position |
---|---|
Danel Aboitiz | Chief Executive Officer |
Juan Alejandro Aboitiz | Chief Financial Officer |
James Arnold Villaroman | Chief Operating Officer |
Jacqui De Jesus | Head of Investor Relations |