Aboitiz Power Corp - Company Profile
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Aboitiz Power Corp (Aboitiz Power), a subsidiary of Aboitiz Equity Ventures Inc, is a utility company. It primarily engages in power generation, distribution, and retail electricity services. The company generates electricity from renewable and thermal energy sources such as hydro, geothermal, wind, solar, coal, and oil. Aboitiz Power also offers energy solutions and retail electricity services such as customized solutions; hybrid energy solutions; smart metering solutions; technical services including electrical thermography, power quality analysis, dissolved gas analysis; and distributed energy solutions. The company's customers include residential, commercial, and industrial sectors, across various industries. It supplies electricity to franchise areas across cities and municipalities in Luzon, Visayas and Mindanao. Aboitiz Power is headquartered in Taguig, Metro Manila, Philippines.
Headquarters
Philippines
Address
NAC Tower, 32nd Street, Bonifacio Global City, Manila, 1634
Website
www.aboitizpower.com
Telephone
63 288 862800
No of Employees
4,509
Industry
Alternative Energy
Ticker Symbol & Exchange
AP (PSE)
Revenue (2024)
$3.5B
0.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-42.6%
(2024 vs 2023)
Market Cap*
$4.8B
Net Profit Margin (2024)
XYZ
-42.9%
(2024 vs 2023)
* As of and is in US$
Aboitiz Power Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Product: | Distribution |
| Electricity | Generation |
| Retail Distribution Services | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In May, AdventEnergy signed an 896-kilowatt retail electricity supply contract with Viking Cold Storage Inc. |
| 2026 | Contracts/Agreements | In April, the company along with ACWA Power, WEC Energy Group signed a partnership with Sabah Oil & Gas Development Corporation Sdn Bhd to build an integrated energy hub covering approximately 275 acres at SOGIP, Sabah, Malaysia. |
| 2026 | Contracts/Agreements | In April, Advent Upgrade Solar Inc. partnered with Ortigas Land Corp. to build a solar photovoltaic system at GH Mall. |
Competitor Comparison
| Key Parameters | Aboitiz Power Corp | Manila Electric Co | First Philippine Holdings Corp | First Gen Corp | Energy Development Corp |
|---|---|---|---|---|---|
| Headquarters | Philippines | Philippines | Philippines | Philippines | Philippines |
| City | Manila | Pasig | Pasig | Pasig | Pasig City |
| State/Province | Manila | Metro manila | - | - | Metro manila |
| No. of Employees | 4,509 | 6,175 | 9,671 | 2,241 | 1,490 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Danel C. Aboitiz | President; Chief Executive Officer; Director | Executive Board | 2024 | 44 |
| Sabin M. Aboitiz | Chairman | Non Executive Board | 2021 | 61 |
| Juan Alejandro A. Aboitiz | Senior Vice President - Commercial Operations; Chief Financial Officer | Senior Management | 2023 | 40 |
| James D. Villaroman | President - Aboitiz Renewables Inc; Chief Operating Officer | Senior Management | - | - |
| Dante T. Pollescas | President - Enerzones; Chief Operating Officer - Enerzones | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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