AP the asset

Honor Roll

AboitizPower and subsidiaries reign at The Asset Awards

AboitizPower bagged the top award at The Asset Triple A Infrastructure Awards 2017 while its subsidiaries won major awards in the per country category.

The Asset named AboitizPower the “Project Sponsor of the Year Overall” and “Project Sponsor of the Year in Power.”

In the country deal awards, the Asset awarded Aboitiz Power Renewables Inc.’s (APRI) P12.5-billion climate bond five awards, namely: Renewable Energy Deal of the Year, Most Innovative Deal – Region, Renewable Energy Deal of the Year, Most Innovative Deal – Country, and Project Finance Deal of the Year.

Still in the country deal awards category, Hedcor, Inc.’s P4.1-billion project notes facility was named “ Renewable Energy Deal of the Year-Hydro”.

 

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The awards were handed out on June 28 during The Asset’s Asia Infrastructure Awards Dinner in Hong Kong.

Earlier, The Asset awarded the PHP31.97-billion finance facility of AboitizPower’s Therma Visayas, Inc. project in Toledo, Cebu the Most Innovative Deal Award during the Triple A Asia Infrastructure Awards 2016.

Last January, the Tiwi-MakBan Geothermal Energy Project of AboitizPower bagged the 2016 Bond Deal of the Year of the prestigious Project Finance International magazine of Thomson Reuters.