AEV regains top spot in power generation with 23.9% share

ABOITIZ EQUITY VENTURES, INC. (AEV) regained its position as the country’s largest power producer this year, accounting for 23.86% of the national grid’s installed generating capacity, data from the Energy Regulatory Commission (ERC) showed.

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AEV recorded the highest installed generating capacity nationwide at 6,774 megawatts (MW), based on ERC data as of July 2025.

By grid, the company had an installed capacity of 5,568 MW in Luzon, 567.7 MW in the Visayas, and 638.83 MW in Mindanao.

San Miguel Corp. (SMC), which overtook AEV last year, ranked second with a total capacity of 5,710 MW, equivalent to a 20.11% share of the national grid.

Lopez-led First Gen Corp. secured third place with 3,524 MW of installed capacity, representing a 12.41% share.