Aboitiz Power Corporation

Aboitiz Power Corporation (AboitizPower) is the holding company for the Aboitiz
Group’s investments in power generation, distribution, and retail electricity services.
Guided by its grand-scale vision and higher purpose, the company actively contributes
toward uplifting the lives of the Filipino people and achieving a better world.
The company is one of the largest power producers in the Philippines, with a balanced
portfolio of assets located across the country. It is a major producer of renewable
energy, with several hydroelectric, geothermal, and solar power generation facilities. It
also has thermal power plants in its generation portfolio to support the country’s
baseload and peak energy demands.
AboitizPower also owns distribution utilities that operate in high-growth areas in Luzon,
Visayas, and Mindanao, including the country’s second and third-largest private utilities.
In step with the country’s ambition of having a 35% share of renewable energy in the
power generation mix by 2030, AboitizPower will continue to invest in renewable energy
assets en route to reaching 4,600 MW. It already has close to 1,000 MW of disclosed
projects from various indigenous energy sources and is constantly pursuing
opportunities to grow its portfolio for solar, hydro, geothermal, wind, and energy storage
systems. To date, AboitizPower, together with its partners, offers the most diverse
renewable energy types in the Philippines.

Business Units

*less than or equal to 50% ownership

Renewables
● Aboitiz Renewables, Inc.
Run-of-river Hydros
● Luzon Hydro Corporation
● Hedcor, Inc.
● Hedcor Sibulan, Inc.
● Hedcor Tudaya, Inc.
● Hedcor Sabangan, Inc.
● Hedcor Bukidnon, Inc.

Large Hydros
● SN Aboitiz Power-Magat, Inc.*
● SN Aboitiz Power-Benguet, Inc*
Geothermal
● AP Renewables, Inc.
Solar
● Maaraw San Carlos Holdings, Inc. and San Carlos Sun Power Inc.
● PV Sinag Power, Inc.
● Aboitiz Power Distributed Energy, Inc. and Aboitiz Power Distributed
Renewables Inc.
● CELL Power Energy Corporation
Renewables Pipeline
● SN Aboitiz Power-Generation, Inc.*

Non-renewable Energy
● Therma Power, Inc.
Oil
● Therma Marine, Inc.
● Therma Mobile, Inc.
● East Asia Utilities Corporation
● Therma Power Visayas, Inc.
● Cebu Private Power Corporation
● Southern Philippines Power Corporation*
● Western Mindanao Power Corporation*
● Cotabato Light
Coal
● Therma Luzon, Inc.
● Pagbilao Energy Corporation*
● Therma South, Inc.
● Therma Visayas, Inc.
● Abovant Holdings, Inc. and Cebu Energy Development Corporation*
● Redondo Peninsula Energy, Inc.*

● STEAG State Power Inc.
● AA Thermal, Inc.
● GNPower Mariveles Energy Center Ltd. Co.
● GNPower Dinginin Ltd. Co.

Power Distribution
● Visayan Electric Company, Inc.
● Davao Light & Power Company, Inc.
● Cotabato Light and Power Company
● San Fernando Electric Light & Power Co., Inc.*
● Subic Enerzone Corporation
● Mactan Enerzone Corporation
● Balamban Enerzone Corporation
● Lima Enerzone Corporation
● Malvar Enerzone Corporation

Retail Electricity and other related services
● Aboitiz Energy Solutions, Inc.
● Adventenergy, Inc.
● Prism Energy, Inc.
● SN Aboitiz Power - RES, Inc.*
● Mazzaraty Energy Corporation*