Aboitiz Power Corporation

Aboitiz Power Corporation, through its subsidiaries, engages in the power generation, distribution, and retail electricity businesses in the Philippines. It operates hydropower, geothermal, solar, coal, and oil power plants. The company sells its electricity through bilateral contracts with private distribution utilities, electric cooperatives, and industrial and commercial companies, as well as Wholesale Electricity Spot market. It also distributes electricity to the industrial, residential, commercial, and other customers; and has interests in nine distribution utilities that supply electricity to franchise areas covering 18 cities and municipalities in Luzon, Visayas, and Mindanao. In addition, the company is involved in the retail of electricity to various industries, including property development, meat processing, semiconductors, steel, and cement; and provision of electricity-related services, such as installation of electrical equipment. As of February 28, 2021, it owns 4,429 megawatts of net attributable 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.