Aboitiz Power Corporation (AP) #45501

Created at
2024-06-05
Last update
2024-08-20

1 Parents (Involvements as child)

ID
45210
Name
Aboitiz Equity Ventures Inc. (AEV)
Country of registration/origin
Philippines
Classification
Stock-exchange listed company
Relationship
Parent company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
100.00 %
Comment
Aboitiz Power Corporation also known as AboitizPower (AP), a subsidiary of Aboitiz Equity Ventures (AEV), is a holding company engaged in power distribution, generation and retail electricity services.

3 Children (Involvements as parent)

ID
45902
Name
San Carlos Sun Power Inc. (SacaSun)
Country of registration/origin
Philippines
Classification
Private company
Relationship
Subsidiary company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
100.00 %
Comment
Sacasun is a joint venture company between Aboitiz Renewables and Sun Edison Philippines Helios BV (SunEdison) for the development of the 59-megawatt peak (MWp) solar photovoltaic power generation project in San Carlos, Negros Occidental.
ID
46692
Name
PV Sinag Power, Inc.
Country of registration/origin
Philippines
Classification
Private company
Relationship
Subsidiary company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
100.00 %
Comment
Aboitiz Power Corporation (AboitizPower), through PV Sinag Power, Inc., a special purpose vehicle of its subsidiary, Aboitiz Renewables, Inc. (ARI), recently entered into Engineering, Procurement and Construction (EPC) agreements for its 159-MWp Laoag and Laoag 2 solar power project in Barangay Laoag, Aguilar, Pangasinan.
ID
46878
Name
Aboitiz Renewables Inc. (APRI)
Country of registration/origin
Philippines
Classification
Private company
Relationship
Subsidiary company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
100.00 %
Comment
AboitizPower's renewable investments are held primarily through its wholly-owned subsidiary, Aboitiz Renewables Inc. (ARI), along with ARI's Subsidiaries and Joint Ventures. These investments include AboitizPower's largest solar project to date, the 212-MWp Solar Plant in Olongapo, Zambales which is targeted to be completed in 2025. Source: Aboitiz Power SEC 20 - IS (Information Statement)