Axia Power Holdings Philippines, a subsidiary of Japanese firm Marubeni Corporation has sealed a deal with ACE Endevor, Inc., a subsidiary of AC Energy, to..
The Lopezes’ main holding firm is set to return to full private control in a bid to consolidate ownership and simplify corporate structure. Lopez Holdings,..
Ayala-led AC Energy issued US dollar-denominated senior perpetual fixed-for-life (non-deferrable) green bonds worth $300 million (Php14.3 billion) last November 27. The company said it would..
AC Energy may be putting up diesel power plants in Luzon with a combined capacity of 550 megawatts (MW) worth around Php27 billion. Based on..
Pilipinas Shell Petroleum Corporation has unveiled a new import facility in Subic, which aims to strengthen its supply chain in Northern and Central Luzon. The..
The Philippines remains largely dependent on coal for its electricity requirements, with fossil fuels powering half of the country’s output even during the COVID-19 pandemic,..
Chevron Philippines, Inc. (CPI), marketer of Caltex in the country, has named Billy Liu as its new country chairman succeeding Louie Zhang who retired recently..
The operator of the Wholesale Electricity Spot Market (WESM) is currently doing research to develop detailed proposals for lower threshold implementation of the Retail Competition..
The operations of the Wholesale Electricity Spot Market (WESM) in the Mindanao Grid will be delayed to the middle of next year, according to the..
Solar Philippines has named American power industry veteran Marty Crotty, who has family ties in the Philippines, as its new chief executive officer. Prior to..