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Citicore Renewable Energy Corporation (CREC) concluded its initial public offering (IPO) receiving favorable feedback from both domestic and foreign investors. At a price of Php 2.70 per share, the company successfully closed...
The Jollibee Group is partnering with First Gen Corporation as it installs 16,800 solar panels in four of its manufacturing sites in the country in a bid to strengthen the food chain’s...
ACEN Corporation is inking a subscription contract with Giga Ace 8 Inc., its solely-owned subsidiary, for the added subscription of Php 8.69 billion in the firm. In a disclosure to the Philippine...
The Securities and Exchange Commission (SEC) is greenlighting the initial public offering (IPO) of NexGen Energy Corporation, amounting to Php 580 million. In a report by Manila Standard, the SEC confirmed the...
Climate Investment Funds (CIF), a multilateral climate fund, is endorsing the Philippines’ Accelerating Coal Transition (ACT) investment plan that aims to decommission up to 900 megawatts (MW) of existing coal generation capacity...
Prime Infrastructure is spending more than Php 1 billion to build a sizable, automated materials recovery facility (MRF) in Porac, Pampanga. In a report by Philippine Star, Prime Infra launched a 10-hectare...
Copenhagen Infrastructure Partners (CIP) is positioning vertical and scanning Light Detection and Ranging Devices (LIDARs) in its planned project sites in Camarines Sur, with more units in Pangasinan and Samar Norte to...
The Department of Energy (DOE) is upholding its moratorium on the development of new coal power plants to minimize the country’s reliance on traditional fuel. In a report by Manila Standard, Energy...
To support the country’s goal of transitioning to cleaner energy, the Philippines is eyeing to secure almost Php 31 trillion in renewable energy (RE) investments by 2040. Philippine Star reported that in...
Morrison, an infrastructure investment firm, is considering exploring opportunities in the Philippines’ renewable energy sector. In a report by Business World, Morrison CEO Paul Newfield said that their teams would capitalize on...
