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Aboitiz Power Corporation

Aboitiz Power Corporation
Aboitiz Corporate Center
Gov. Manuel A. Cuenco Avenue
Fax: 63-32-2314037

No. employees: 2,658
Turnover: 1,467.61 (US$m)
Financial year end: December

Company Overview

Aboitiz Power Corporation (APC) carries out the power generation and distribution activities in Philippines. It produces clean and renewable energy through its hydroelectric power generation facilities, thermal and geothermal plants. It also has interests in electricity distribution utilities that distribute electricity to the customers in the Philippines. APC owns interests in several distribution utilities in Luzon, Visayas and Mindanao. APC has power generation capacity of approximately 2,353 MW. The company serves approximately 770,000 customers. APC is a subsidiary of Aboitiz Equity Ventures, Inc. (AEV). APC is headquartered in Cebu, Philippines. APC aims to expand its power generation capacity. In line with this strategy, in February 2013, the company's Hedcor, Inc. (Hedcor) plans to invest $44.17m in the construction and development of Sabangan hydro power plant in Mountain province, Philippines.

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