The National Grid Corporation of the Philippines’ (NGCP) has increased the size of its planned initial public offering (IPO) to $1.5 billion (around $73.1 billion), though this may be raised further to...
The National Grid Corporation of the Philippines (NGCP) is seeking approval from the Energy Regulatory Commission (ERC) for its major transmission and substation projects worth Php24.5 billion. Based on a Manila Bulletin...
The National Grid Corporation of the Philippines (NGCP) recently launched its Central Control and Monitoring System (CCMS), allowing the firm to operate unmanned substations and improving power transmission capabilities to bring the country...
The Philippine Dealing and Exchange Corporation (PDEx) has approved the listing of Aboitiz Power Corporation’s Series “A” bonds worth Php8 billion, including oversubscription. In its disclosure to the Philippine Stock Exchange, AboitizPower...
(UPDATED) Aboitiz Power Corporation has allotted Php23 billion for capital expenditures (capex) this year mainly for the completion of the GNPower Dinginin (GNPD) coal power plant project and the installation of various battery...
The House of Representatives is looking to pass a measure that seeks to phase out old liquefied petroleum gas (LPG) cylinders. The lower chamber’s energy and trade and industry committees have approved...
AC Energy (ACEN) has invested Php350 million by signing a subscription agreement with subsidiary ACE Endevor, Inc. In a disclosure to the Philippine Stock Exchange, ACEN said that it bought 3.5 million...
Consunji-led Semirara Mining and Power Corporation (SMPC) is budgeting around Php4 billion for its capital expenditure (capex) program this year. SMPC said Php2.9 billion of the total budget will be used to...
AC Energy, together with its partner UPC Solar Asia Pacific, has secured funding for its 100-megawatt Sitara Solar Farm project in northwestern India. Located in Rajasthan, a desert state with the highest...
First Gen Corporation announced it will allocate up to 690 megawatts (MW) of geothermal power for the Department of Energy’s (DOE) green energy option program (GEOP). In a report by BusinessWorld, First...
