Aboitiz Power Corporation (AboitizPower) expects continued progress in 2025, bolstered by its business and operational achievements last year, which saw developments in its ambitious program to grow its renewable energy fleet by three times by 2030.
“AboitizPower remains focused on delivering operational excellence in its power plants, developing a pipeline of new energy capacity, and pursuing opportunities in its distribution and retail business,” said AboitizPower Chief Finance Officer Sandro Aboitiz.
The Company cited the 159-MWp Laoag solar; the 17-MW Tiwi binary geothermal; the 45-MWp Armenia solar; and the 173-MWp Calatrava solar — all energy projects that went online in 2024 — as accomplishments in its 10-year growth strategy of adding approximately 3,700 MW of new renewable energy capacity by decade’s end.
“The energization of the Armenia and Calatrava solar plants in the fourth quarter were the final touches to AboitizPower’s strong performance in 2024,” Aboitiz said. “AboitizPower intends to grow its momentum and we are excited to build the next wave of renewable energy projects in 2025 and beyond.”
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