Philippine HydroPower Corporation

PhilHydro, a wholly owned subsidiary of Aboitiz Power Corporation(APC), is hte holding company of all investments in hydro power generation group, and AEV's power generation. Prior to 2005, its subsidiaries were Hydro Electric Development Corp. (HEDCOR), Northern Mini Hydro Corp (NMHC), and Benguet Hydropower Corporation (BHC), which has a 50% stake in Luzon Hydro Corp. (LHC).

In June of 2005, the hydro group's operating companies Hydro Electric Development corp. and Northern Mini Hydro Corp., were merged into Benguet Hydro Corp., which was then renamed HEDCOR, Inc.

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