The average price in the Wholesale Electricity Spot Market (WESM) hit Php4.23 per kilowatt hour (kWh) this month, nearly twice the previous month’s, as both..
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AC Energy is consolidating its Philippine and international platforms via a property-for-share swap worth Php85.9 billion. In a disclosure to the Philippine Stock Exchange on..
Citicore Power Inc. (CPI), through subsidiary Rio Norte Hydropower Corporation, has chosen Chinese engineering firm Xian Electric Engineering Co. Ltd. to build its 19.7-megawatt (MW)..
The Alcantaras’ Alsons Consolidated Resources (ACR) nearly doubled its income last year, as the operations of its power plants went in full swing amid the..
AC Energy (ACEN) will be issuing 1.58 billion primary shares for its follow-on offering (FOO), which it plans to hold by mid-year. In a disclosure..
Norway-based liquefied natural gas (LNG) firms BW Gas Limited and Hoegh LNG Asia Pte. Ltd. have made it to the final round of First Gen..
Roughly two weeks after San Miguel Corporation (SMC) said that it submitted a non-binding offer to purchase the 45% stake of Shell Philippines Exploration B.V...
The Manila Electric Company (MERALCO) and two power firms under San Miguel Corporation are seeking approval from the Energy Regulatory Commission (ERC) for the implementation..
AC Energy Corporation (ACEN) has announced the completion of Singaporean sovereign fund GIC Private Limited’s private placement in the Ayala-led firm worth Php11.9 billion. The private..
Lopez-led First Gen Corporation recorded a seven percent drop in its net income for 2020 to Php13.7 billion, as attributable to shareholders from the operations..
