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AboitizPower Therma South continues to be Davao’s Top Taxpayer

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    • Championing Responsibility, Building A Better Future. Therma South, Inc. (TSI) is once again recognized as one of the city’s leading taxpayers, exemplifying accountability through consistent and punctual tax remittances. (L-R) City Treasurer Atty. Lawrence D. Bantiding, Vice Mayor J. Melchor Quitain Jr., AboitizPower Thermal Business Group Corporate Services Business Partner for Mindanao Atty. Alona Suzell Ruyeras-Borromeo, AboitizPower Distribution Unit First Vice President for Business Development and Corporate Services Jokin Aboitiz, Acting City Administrator Atty. Francis Mark Layog and Deputy Chief of Staff Atty. Jonah Margarette Presto

    For the sixth consecutive year, AboitizPower subsidiary Therma South, Inc. (TSI), is recognized as Davao City’s top taxpayer and top real property taxpayer during the 87th Araw ng Davao.

    As part of the city’s festivities, Pasidungog 2024: Garbo sa Dabaw is an awarding ceremony that honors outstanding companies, individuals, and civic groups for their remarkable contributions. From pioneering initiatives to steadfast dedication to community development, Pasidungog 2024 embodies Davao City’s spirit of pride and honor, fostering a culture of recognition that encourages others to pursue progress and development for our community.

    “As we receive this honor once again, it shows our dedication to helping Davao City thrive. Being recognized as the top taxpayer for six years in a row highlights how committed we are to giving back to our community. We’re proud to be partners of change and development in the city”, says Atty. Alona Suzell Ruyeras-Borromeo, AboitizPower Thermal Business Group Corporate Services Business Partner for Mindanao.

    Wholly-owned AboitizPower subsidiary Therma South, Inc. (TSI) is the owner and operator of the 300-megawatt Davao Baseload Power Plant located in Binugao, Toril, Davao City. TSI is part of the AboitizPower Thermal Business Group and provides Mindanao with reliable, reasonably priced, and responsibly produced electricity to power the region’s progress.

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