AboitizPower reports strong Q1 2026 earnings surge. The Philippine power company posted net income of P7.90 billion in the first quarter of 2026, representing a significant 71 percent increase compared to P4.6 billion in the same period last year. EBITDA also climbed 35 percent to P20.30 billion from P15 billion year-over-year. The growth was driven by higher margins in the Generation segment, supported by increased contracted capacity, improved coal plant availability, and newly operational solar facilities. Looking ahead, AboitizPower plans to invest P62 billion in capital expenditures throughout 2026, focusing on renewable energy expansion and battery storage systems. The company's renewable pipeline includes 639.5 megawatts from recent Green Energy Auction awards and 147 megawatts currently under construction.
