The National Grid Corporation of the Philippines (NGCP) has recently energized Line 3 of the 230-kilovolt (kV) San Jose-Quezon transmission corridor in anticipation of increasing..
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SN Aboitiz Power Group (SNAP), the joint venture of Aboitiz Power Corporation and SN Power of Norway, is planning to increase its floating solar portfolio..
The Manila Electric Company’s (MERALCO) board of directors have announced the promotion of longtime spokesman Agapito “Joe” Zaldarriaga as its Vice President and Head of..
San Miguel Corporation (SMC) has recently announced the acquisition of Petrogen Insurance Corporation, Petron’s wholly-owned insurance subsidiary, via a Php3 billion equity investment. “With the..
Customers of the Manila Electric Company (MERALCO) may be heaving a sigh of relief over their December bills, as initial forecasts suggest a “flattish rate”..
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..
