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Aboitiz-led group wins CBK hydro
July 05 2025
|Manila Bulletin
The consortium led by the Aboitiz conglomerate emerged victorious on Friday, July 4, as it won the right to take over the 797-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plants in Laguna—a prime Luzon energy asset—from the state-run Power Sector Asset and Liabilities Management Corp. (PSALM).
Thunder Consortium-comprised of Aboitiz Renewables Inc. (ARI), J-Power, and Sumitomo Corp.-tendered a financial bid of P36.266 billion.
It exceeded the P19.616-billion bid from FGKW Consortium, composed of Lopez-led First Gen Corp. (FGen) and K-Water Resources Corp.
Thunder’s winning bid exceeded PSALM’s reference price of P32.632 billion.
These consortia, spearheaded by the two energy industry giants, were the only entities that submitted their technical and financial bids during the June 30 deadline.
هذه القصة من طبعة July 05 2025 من Manila Bulletin.
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