Aboitiz Equity Ventures Inc. (AEV) is a Philippine holding company based in Metro Manila,[1] with roots from Cebu City.
[2] The conglomerate operates in six major industries: Power, Banking and Financial Services, Food, Infrastructure, and Data Science and Artificial Intelligence.
[4] In 2022, AEV ventured into transforming its organization into a "Techglomerate" - a faster, stronger, and better version of a conglomerate.
[6] The company was founded on September 11, 1989, as Cebu Pan Asian Holdings; the name was changed to the current designation in 1993.
It owns Davao Light and Power Company in Davao City, Cotabato Light and Power Company in Cotabato City, Visayan Electric Company in Metro Cebu, the Mariveles Coal-Fired Power Plant in Mariveles, Bataan, Therma South, Inc. Coal Fired Power Plant in Davao City, and Therma Visayas, Inc. Coal Fired Power Plant in Toledo, Cebu[9] The Food Group, composed of Pilmico Foods Corporation (Pilmico) and Gold Coin Management Holdings, Ltd. (Gold Coin), is the integrated agribusiness and food company of the Aboitiz Group.