The AC Energy Holdings Inc. is eyeing to expand its presence in Vietnam, its second regional investment following Indonesia. The company is also studying market..
The Quezon City government has granted the consortium Metro Pacific Investment Corporation (MPIC), Covanta Energy, LLC and Macquarie Group, Ltd. original proponent status (OPS) to..
Community mall Water Mart has signed a 4.7 megawatt (MW) power supply contract with Aboitiz Power under the Retail Competition and Open Access (RCOA) scheme...
Power company Aboitiz Power Corp will be raising P30 billion through the issuance of fixed retail bonds within the year to finance the company’s ongoing and..
Aboitiz Equity Ventures (AEV) is intensifying its investments this year as it looks to spend P76.7 billion in capital expenditure (capex) following a positive outlook..
Phinma Energy Corp.’s income jumped 53 percent after surpassing the P1-billion income mark last year from generating higher sales volume and an additional non-recurring income..
Manila Electric Co. (Meralco) is set to launch its Advanced Metering Infrastructure (AMI) project this year as part of its effort to transform its distribution..
Oil company Petron Corporation recorded a 73 percent rise in net profits in 2016 that were fueled by record high sales. Petron said that its..
Department of Energy Secretary Alfonso Cusi is eyeing more investments in merchant power plants to spur competition in the electricity spot market. The energy secretary..
The Aboitiz Equity Ventures Inc. has increased its net income in 2016, with 65 percent of it coming from the power business. AEV disclosed that..