Ayala-led ACEN Corporation intends to obtain Php 8 billion through new credit facilities to aid in its expansion endeavors. The energy firm, in its disclosure to the Philippine Stock Exchange, announced that...
Aboitiz Power Corporation recorded a Php 7.53 billion net income for the first quarter of 2023, a 160% jump from the Php 2.89 billion income recorded in the same period last year. ...
Shell Pilipinas Corporation would spend around Php5 to 6 billion on enhancing their mobility stations and other services this year. The investment is at the same level as last year, estimates Vice...
First Gen Corporation, announced growth in revenue during the first quarter of 2023, reaching Php 36.0 billion amid an increase in volume of electricity sales. This represents a 14% increase of Php...
The Manila Electric Co. (MERALCO), through its retail electricity supplier unit MPower, is set to add more renewable energy (RE) sources in its portfolio as part of its sustainability goal and support...
Aboitiz Power Corporation President and CEO Emmanuel Rubio stressed the significance of conventional energy sources in ensuring a consistent energy supply in the short and long term. This is especially true during...
PLDT Inc. and Smart Communications, Inc. are making strides in renewable energy by opting for geothermal power in seven of their Visayas facilities. PLDT and Smart have partnered with First Gen Corporation...
NuScale Power Corporation, a nuclear energy company from the United States, has expressed its interest in investing in the Philippines. In a meeting with President Ferdinand Marcos Jr., the company committed to...
The Department of Energy (DOE) looks to request “transition financing” from the United States, which will be directed toward enhancing the country’s climate resilience and promoting a greener energy infrastructure. In a...
Aboitiz Power Corporation is eyeing Quezon Province as a viable location for its potential liquefied natural gas (LNG) projects to help meet the growing electricity demand in Luzon. In a report by...
