3 weeks AboitizPower remits P40M to Cebu LGUs, villages Manilatimes |Biz
Aboitiz Power Corp. (AboitizPower) reported on Wednesday that it had remitted P40.6 million to various local government units (LGUs) and villages in Cebu province at end-September for hosting its power plants. In a statement, the power arm of the Aboitiz Group said that of the amount, P15.8 million were remitted to the province and Cebu, Lapu-Lapu and Toledo cities, as well as the host towns in those places. Another P24.8 million from Cebu-based, AboitizPower-led generation companies, accumulated as of 2019, was also remitted by the Department of Energy to the beneficiaries. Bato village in Toledo City, the host beneficiary ... more