Aboitiz Power Corporation (ABZPY)
Company Description
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 power supply contracts, ancillary service procurement agreements, and trading in the wholesale electricity spot market.
It also distributes electricity to the industrial, residential, commercial, and other customers; and provides electricity-related services, such as installation of electrical equipment through nine distribution utilities that supply electricity to franchise areas covering 18 cities and municipalities and five economic zones 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.
As of February 28, 2022, it 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 | PH |
| IPO Date | Aug 19, 2014 |
| Industry | Regulated Electric |
| Sector | Utilities |
| Employees | 4,678 |
| CEO | Danel C. Aboitiz |
Contact Details
Address: NAC Tower Taguig City, PH | |
| Website | https://www.aboitizpower.com |
Stock Details
| Ticker Symbol | ABZPY |
| Exchange | PNK |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | n/a |
| CUSIP Number | n/a |
| ISIN Number | US0037301084 |
| Employer ID | - |
| SIC Code | n/a |
Key Executives
| Name | Position |
|---|---|
| Danel C. Aboitiz | President, Chief Executive Officer & Executive Director |
| Joseph S. Yu | President & Chief Executive Officer of SN Aboitiz Power |
| Anton Mari G. Perdices | Chief Operating Officer of Distribution Business Group |
| Celso C. Caballero III | Chief Operating Officer of Aboitiz Power Transition Business Group |
| Dante T. Pollescas | President & Chief Operating Officer of Enerzones |
| Juan Alejandro A. Aboitiz | Senior Vice President, Chief Financial Officer & Corporate Information Officer |
| Jacqui De Jesus | Investor Relations Officer |
| Joseph J. Lacson BSC, MBA | Chief Investment Officer |
| Manuel Alberto R. Colayco | Senior Vice President, Chief Legal & Compliance Officer |
| Susan V. Valdez | Chief Corporate Services Officer |