AC Energy has approved Php10.81 billion in financing for renewable energy projects in Northern and Central Luzon. In a disclosure to the Philippine Stock Exchange, the company said it has secured a...
The National Grid Corporation of the Philippines (NGCP) recently energized the Toril-Bunawan 230kV transmission line, the final component of its Mindanao 230 kiloVolt (kV) backbone project, in a bid to secure the...
Bidders for the Manila Electric Company’s (MERALCO) Competitive Selection Process (CSP) this January have raised various concerns during the virtual pre-bid conference Thursday. MERALCO utility economics head Lawrence Fernandez said that the...
Roxas Holdings, Inc. (RHI), a First Pacific-controlled firm that owns renewable energy company San Carlos Bioenergy, Inc. (SCBI), has named Celso Dimarucut as its new President and CEO. In a disclosure to...
The Davao City government and Aboitiz-led Davao Light and Power Company, together with other partners, have recently launched Mindanao’s first e-bus system. Jointly developed by Davao Light, GET Philippines, and Spanish firm...
The Department of Energy (DOE) has orginaized a team to recommend policies regarding the privatization of the Agus-Pulangi Hydropower Complex (APHC), as well as other energy issues in the Bangsamoro Autonomous Region...
In response to the country’s rapidly changing energy needs, Hedcor — a subsidiary of Aboitiz Power Corporation — recently inaugurated through a virtual ceremony the group’s first Regional Control Center. The control...
The Department of Energy has begun preparations for its Green Energy Auction program slated for mid-2021 in a bid to further increase renewable energy (RE) use in the country. During its first...
Aboitiz Power Corporation is set to offer Php30 billion in retail bonds beginning with the first tranche worth Php4 billion in the first quarter of 2021. “The Board of Directors of the...
AC Energy has clarified that the Securities and Exchange Commission (SEC) has confirmed that its stock rights offering (SRO) slated for next year, and has not yet been approved. In a disclosure...
