UPC\AC Australia, a joint venture (JV) between Ayala Corporation’s AC Energy and Australia-based UPC Renewables has tapped a contractor for the engineering, procurement and construction (EPC)..
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The government has directed power companies to extend their grace periods and staggered payment schemes with the state of calamity due to the COVID-19 pandemic..
The Udenna Group of Davao-based businessman Dennis Uy wants total control of the Malampaya natural gas project by acquiring Shell’s 45% stake, bringing him into..
AboitizPower has directly remitted a total of Php40.6 million to local government units in Cebu as of end-September, boosting their response to the COVID-19 pandemic,..
Hedcor, one of AboitizPower’s Cleanergy companies, celebrates the second year of its #NoToSingleUsePlastics campaign. The campaign, which began two years ago, promotes the decreased use..
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is gearing up for the sale of its 50,447 square meter property in Mexico, Pampanga. PSALM has..
Corporate rivals Manny V. Pangilinan and Ramon S. Ang may be going head-to-head again, this time in the energy arena, as Pangilinan’s MVP Group and..
The National Grid Corporation of the Philippines (NGCP) is re-assessing the impact of the COVID-19 pandemic on its big ticket projects. In a statement, NGCP..
AC Energy (ACEN), the Ayalas’ power unit, will invest Php250 million in subsidiary firm Buendia Christiana Holdings Corporation (BCHC) through a shares subscription arrangement. In a..
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) once again declared a failure in its attempt to sell the 650-megawatt Malaya Thermal Power Plant (MTPP)..
