Aboitiz Power Corporation (PSE: AP)
Philippines flag Philippines · Delayed Price · Currency is PHP
37.20
-0.50 (-1.33%)
Dec 23, 2024, 4:00 PM PST

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.

Aboitiz Power Corporation
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