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Business

Aboitiz Power adding 8% capacity in 2017

MANILA -- Aboitiz Power expects to add 287 megawatts in net attributable generating capacity next year on its way to 4,000MW by 2020.

Antonio Moraza, the company's president and chief operating officer, said on Wednesday that three plants will become operational in late 2017: the Manolo Fortich hydropower plant in the southern Philippines, along with the third Pagbilao coal plant and the Maris Canal hydropower plant. The latter two are on Luzon island and 50% owned by Aboitiz Power.

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