Aboitiz Power seeks overseas expansion

The Philippine electricity generator and distributor is eyeing investment opportunities in Papua New Guinea, says CFO Iker Aboitiz.

Aboitiz Power seeks overseas expansion
Aboitiz Power's Pagbilao coal-fired thermal power plant in Quezon

Aboitiz Power of the Philippines is taking its electricity generation and distribution expertise overseas and is investigating possible investments in Papua New Guinea.

In an interview with FinanceAsia, chief financial officer Iker Aboitiz said the company was now ready to expand its portfolio of assets by looking for opportunities in Asia and the Pacific.

“Three or four years ago we wouldn’t have considered such a proposition,” he said. “We were still...

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