CREIT records Php906.5M 9 months into 2022
- November 17, 2022
Citicore Energy REIT Corp. (CREIT) has posted a net income of Php 906.5 million for the first nine months of 2022, an eight-fold increase from the same period last year. “The REIT...
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Citicore Energy REIT Corp. (CREIT) has posted a net income of Php 906.5 million for the first nine months of 2022, an eight-fold increase from the same period last year. “The REIT...
The National Grid Corporation of the Philippines (NGCP) is looking to complete its Php 5.48 billion transmission line project supporting the growing power requirements of Boracay by 2024. In a report by...
Manila Electric Co. (MERALCO) will be scheduling another round of bidding for a 200-megawatt (MW) baseload power capacity sourced from renewable energy (RE) generating facilities. In a report by the Manila Bulletin,...
Pilipinas Shell has registered a Php 4.4 billion net income in the third quarter of 2022 amid challenges against inflation and the depreciation of Peso against US Dollar. The income was derived...
The Energy Development Corp. (EDC) has inked a partnership with telecommunications company PLDT Inc. to supply power to its Davao facilities as part of its decarbonization journey. In a report by Business...
The Security and Exchange Commission (SEC) has approved the initial public offering (IPO) of Alternergy Holdings Corp. for up to Php 1.89 billion. In a report by the Philippine Star, Alternergy said...
The Manila Electric Co. (MERALCO) has announced a slight increase of Php0.0844 per kilowatt-hour (kWh) for its November 2022 billing, bringing the overall rate to Php 9.9472 per kWh. For residential consumers...
Ayala-led ACEN Corporation has registered a Php 1.9 billion consolidated net income for the third quarter of the year, a 23% jump from the same period last year as the company’s international...
Prime Infrastructure Capital Inc. is looking to secure a contract extension for the Malampaya gas-to-power project as it assumes full ownership of the gas field’s operator. The Enrique Razon-led company recently completed...
SMC Global Power Holdings Corp. (SMCGP), the power arm of San Miguel Corporation, is looking to buy back $400 million worth of perpetual bonds listed in Singapore. In a disclosure to the...