Philstar
Aboitiz Equity Ventures allocates P105 billion capex for 2025 growth
Aboitiz Equity Ventures (AEV) is allocating P105 billion for its 2025 capital expenditure (capex), a 37% increase from the previous year.
The Power segment, primarily AboitizPower, will receive the largest portion of P78 billion to expand its renewable energy projects.
The Infrastructure segment will be allocated P16 billion for the expansion of its Economic Estates and the acquisition of telecommunications towers.
The remaining budget will support enhancements to UnionBank's digital infrastructure and other key initiatives across the group.
AEV plans to raise P119 billion to finance these investments and cover maturing obligations.
The company will strategically choose between loans and bonds for financing based on the cheapest available option.
🤖
This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.
News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
