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The Aboitiz Power Corporation registered a two percent drop in its net income for the first half of 2022 to Php 10 billion versus the Php 10.1 billion recorded in the same...
Ayala-led ACEN Corp. has approved the sale of its shares in the 244 megawatt (MW) South Luzon Thermal Energy Corporation (SLTEC) coal plant with an aggregate value of Php3.7 billion. The SLTEC...
The Manila Electric Co. (MERALCO) recorded a core net income of Php 13.1 billion for the first half of 2022, 15% higher than the Php 11.4 billion recorded in the same period...
The Independent Electricity Market Operator of the Philippines (IEMOP) is set to adjust its registration system to open the power retail aggregation to wider coverage of end-users. In a Manila Bulletin report,...
Ayala-led ACEN has secured the approval of the Securities and Exchange Commission to change its corporate name and make amendments to the company’s primary and secondary purposes. In a Friday disclosure to...
President Ferdinand “Bongbong” Marcos Jr. is being urged to resume the country’s bilateral talks with China on the joint energy exploration in the West Philippine Sea. Senator Robinhood Padilla filed Senate Resolution...
The Solar Philippines Nueva Ecija Corp. (SPNEC) has secured the approval of the Securities and Exchange Commission (SEC) for its slated stock rights offering (SRO), the company announced on Wednesday. In a...
Enrique Razon-led Prime Infrastructure Capital Inc.’s subsidiary Ahunan Power, Inc., has secured an original proponent status to offer 500 megawatts (MW) of mid-merit supply to the Manila Electric Co. (MERALCO). Ahunan Power...
Aboitiz Power Corporation, through its subsidiary AP Renewables, Inc. (APRI) is looking to add around 17 megawatts (MW) through a binary geothermal power project in Tiwi, Albay. In a Manila Bulletin report,...
Ayala-led ACEN will be advancing a Php1.139 billion loan to partner firm Natures Renewable Energy Development Corporation (NAREDCO) to kickstart the construction of the 200-megawatt (MW) Lal-lo solar farm in the Cagayan...
