Aboitiz Power is the holding company for the power generation and distribution businesses of Aboitiz Equity Ventures. The company has a substantial presence in the power industry with a portfolio that includes Philippine Hydropower Corporation, Luzon Hydro Corporation and Hedcor, Western Mindanao Power Corporation, Southern Philippine Power Corporation and Ambuklao-Binga. In the distribution end of the business, its companies include Davao Light and Power Company, Cotabato Light and Power Company, Visayan Electric Company, San Fernando Electric Light & Power Company, and Subic Enerzone Corporation.
First Gen Corporation
First Gen Corporation is a holding company which also owns Meralco. Its power generation facilities include First Gas Power Corporation, San Lorenzo (FGP Corp). It also owns Combined Cycle natural gas fueled power plants in Batangas, a Diesel power plant in Bauang(Bauang Private Power Corporation) in La Union, a Hydropower plant in Bukidnon (First Gen Bukidnon Power Corp), Pantabangan / Masiway hydro Plant Complex (First Gen Hydro Power Corp), PNOC-EDC (Red Vulcan) and the First Gen Renewables.
Hedcor is the largest developer of run-of-river small hydro power plants in the Philippines. Hedcor is an Aboitiz-owned company, operating 19 hydropower plants in the country with a total installed capacity of 113 MW.
Marubeni company owns 42.45% of the 345 MW San Roque Hydro Electric Power Plant, 48 MW and 49 MW Mindanao I & II Plants, and 50% share of Team Energy that purchased the Mirant assets, which includes 1200 MW Sual Coal Plant, 704 MW Pagbilao, and 20% share on Ilijan Combined cycle Power Plant.
National Power Corporation
The National Power Corporation (NPC) is the government-owned and control electric power generating company who had the monopoly of electric power industry in the Philippines up until the approval of Republic Act No. 9136 in 2001 or the Electric Power Industry Reform Act (EPIRA) which opened the power sector to competition.
SN Aboitiz Power – Magat, Inc, (SNAP)
SNAP is joint venture between Aboitiz Power Corporation and SN Power Invest AS of Norway, The Company owns the 360-megawatt Magat Hydroelectric Power Plant.
Philippine National Oil Company – Energy Development Corporation (PNOC-EDC)
The PNOC-EDC is the largest producer of geothermal power in the Philippines. Its plants include Upper Mahiao, Malitbog, Mahanagdong “A” and “B”, and 5 Optimization Plants, all in Leyte.