Lopez-led First Gen Corporation intends to invest $20 billion (around P1.123 trillion) until 2030 to sustain its 20 percent market share in kilowatt-hour production and..
Yearly Archives: 2023
Ayala-led ACEN Corporation intends to obtain Php 8 billion through new credit facilities to aid in its expansion endeavors. The energy firm, in its disclosure..
National Power Corporation (NAPOCOR) is expediting its plan to transition its operations to renewable energy in off-grid areas of the country. The goal of Napocor,..
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is expected to receive up to $526 million by the end of the year from Fresh..
Energy Undersecretary Rowena Cristina Guevara stressed the need for a detailed and coordinated approach in addressing the challenges the energy sector of the Philippines is..
PetroEnergy Resources Corporation (PERC) witnessed substantial growth in interest income for the first quarter of 2023 following short-term investments and an uptick in electricity sales..
Razon-led Prime Infrastructure Capital Inc. slammed former Philippine National Oil Co. (PNOC) president Eduardo Mañalac for questioning the 15-year extension of the Malampaya gas project..
Senate Committee on Energy chairman, Sen. Raffy Tulfo, has threatened to revoke the franchise of the National Grid Corporation of the Philippines (NGCP), following power..
First Gen Corporation subsidiary, Fresh River Lakes Corp., has been declared as the winning bid for the 165-megawatt (MW) Casecnan hydroelectric power plant (CHEPP) amounting..
Newly-listed company Alternergy Holdings Corp. has registered a Php 12.8 million net income for the first quarter of 2023. The recorded income is a significant..
