ABOITIZ Power Corp. (AboitizPower) said Thursday that three subsidiaries had settled fines levied by the Energy department over the late renewal of safety officer permits imposed by the Department of Energy (DOE).

It told the Philippine Stock Exchange (PSE) that Hedcor, Inc. had paid P680,000; Luzon Hydro Corp., P140,000.00; and Hedcor Sabangan, Inc., P60,000.00.

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