Aboitiz Power Company subsidiary Therma Power Inc. was the favored bidder for the Blackstone Group-affiliated investment fund stakes in the 2 gigawatt (GW) coal-fired power..
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The Manila Electric Co. (MERALCO) has inked 100 megawatts (MW) of solar power to diversify their power supply and bring down electricity rates in their..
AboitizPower Corporation has expressed interest in acquiring Sithe Global’s stake in GN Power’s 600-megawatt (MW) power plant in Mariveles, Bataan. “As a player in the..
Pilipinas Shell Petroleum Corp. and its awaited P29.7 Billion initial public offering now has its go-signal from the Securities and Exchange Commission (SEC). The SEC..
First Gen Corporation announced that the 97 megawatts (MW) of power generated by its Avion natural gas-fired power plant can now be offered and traded on the..
The National Electrification Administration (NEA) has developed a credit guarantee program and facility for electric cooperatives (ECs) and has lent a total of P1.403 billion..
AC Energy Holdings Inc.’s attributable capacity has reached 1,000 megawatts (MW) with the development of the 668-MW GNPower Dinginin project in Bataan Province. “Our ability..
Semirara Mining and Power Corporation’s (SMPC) Molave mine expansion is “technically sound,” the Department of Environment and Natural Resources (DENR) said in its audit. In..
Manila Electric Co. (Meralco) said it will maintain its P19-billion income guidance for the year despite a slower second half due to the absence of..
A grid impact study on Global Luzon Energy Development Corporation’s 670-megawatt coal-fired power project in Luna, La Union has been approved by the Department of..