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AboitizPower sees rapid gains from CBK complex
The Philippine Star
|November 13, 2025
Aboitiz Power Corp. expects to unlock immediate value from its multibillion-peso takeover of the 797-megawatt Caliraya-Botocan-Kalayaan (CBK) hydro complex in Laguna.
AboitizPower chief financial officer Sandro Aboitiz said the CBK acquisition is currently under evaluation by the Philippine Competition Commission, with financial close targeted for the end of this month or early December.
“The expectation is that when the asset gets turned over to us, it would be contributing earnings to us immediately,” Aboitiz said at a recent company briefing.
CBK, which consists of hydroelectric power plants in Lumban, Majayjay and Kalayaan in Laguna, is scheduled for turnover by late February 2026.
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