Aboitiz retains crown as top power player in PH

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MANILA, Philippines – Aboitiz Equity Ventures Inc. (AEV) maintained its status as the country’s top power generator, accounting for 24.3 percent of national grid capacity, the latest government data showed.

Based on a document as of June, the Energy Regulatory Commission (ERC) said AEV’s market share of the national grid was equivalent to 6,850 megawatts (MW). It dominated the Luzon grid with a 27.53 percent share, or 5,621 MW.

READ: AEV profit nearly doubles to P6.3B in Q1

AEV was the only group that logged double-digit market share across the three main grids.