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Fresh from its rebranding last week, Ayala-led ACEN, together with its partner AMI Renewables, have begun commercial operations of its 252-megawatt (MW) wind farm in Quang Binh, Vietnam. The wind farm, one...
The setting up of liquified natural gas (LNG) facilities in the country, coupled with a close collaboration between the government and other industry stakeholders will play a crucial role in accelerating the...
Surigao Del Sur Rep. Johnny Pimentel slammed the proposal of several groups urging the government to buy the 45% operating stake of Shell Philippines Exploration B.V. (SPEX) in the Malampaya gas field,...
The Manila Electric Company (MERALCO) still has under seven years left in its current congressional franchise or Republic Act (RA) 9209, but Sagip Rep. Rodante Marcoleta wants it reviewed this early. In...
What was known to its investors and followers as AC Energy is now officially called ACEN. But more than a change in name, its rebranding embodies a bolder identity symbolizing its vision...
SN Aboitiz Power-Benguet (SNAP-Benguet) filed a motion for reconsideration on Friday following the Energy Regulatory Commission’s (ERC) decision to impose an administrative penalty for the alleged breaching of allowable forced outages of the 34.85-megawatt...
Lopez-led First Gen Corporation posted an 11% improvement in its recurring net income to Php10.3 billion in the first nine months of 2021 from Php9.6 billion year-on-year. The company attributed the growth...
Davao-based tycoon Dennis Uy himself disclosed that his Udenna subsidiaries have a $191 million capitalization fund, contradicting allegations that Udenna has a negative working capital of $100 million when they acquired 90%...
The Philippine Stock Exchange (PSE) and Securities and Exchange Commission (SEC) have approved the initial public offering (IPO) of Solar Philippines Nueva Ecija Corporation (SPNEC), the developer of a 500-megawatt (MW) “solar...
SMC Global Power Holdings, the power generation arm of San Miguel Corporation (SMC), registered a five percent decline in net income in the first three quarters from Php14.5 billion to Php13.7 billion...
