Solar Philippines Nueva Ecija Corporation (SPNEC) is aiming to raise Php10 billion by way of a stock rights offering (SRO) to buy land for the development of ten gigawatts (GW) of solar...
SPC Power Corporation and affiliate Intrepid Holdings, Inc. (IHI) have acquired German firm Steag GmbH’s 51% stake in STEAG State Power Inc. – the operator of the 210-megawatt (MW) Mindanao Coal-fired Power...
Unit 1 of First Gen Corporation’s 97-megawatt (MW) Avion Power Plant in Batangas City is now fully operational after two months of repairs, testing, and recommissioning. “We are advising that the unit...
SPC Power Corporation said it has appealed the Php4 million fine the Energy Regulatory Commission (ERC) imposed on the firm over the excessive outages of the Panay Diesel Power Plant (PDPP). In...
Unit 1 of First Gen Corporation’s 97-megawatt (MW) Avion Power Plant in Batangas City is now partially operating after almost two months of repairs. “The unit is currently commercially available on natural...
Sem-Calaca Power Corporation (SCPC) said it intends to appeal the Php 4.31 million fine imposed by the Energy Regulatory Commission (ERC). “While SCPC has not received a copy of the official resolution,...
Ayala-led ACEN is adding 837 megawatts (MW) in renewable energy (RE) capacity in Vietnam by acquiring a 49% stake in Solar NT, which is currently constructing nine solar plants in the Southeast...
Cebu-based Vivant Corporation has named its new President and new CEO. In a disclosure to the Philippine Stock Exchange on Friday, the company has appointed Emil Andre Garcia as its new President...
A subsidiary of SMC Global Power Holdings (SMCGP), the power arm of San Miguel Corporation (SMC), has asked the Energy Regulatory Commission (ERC) to amend public offering requirements for power generation companies...
Citicore Energy REIT Corporation (CREIT) has cut its initial public offering (IPO) price to P2.55 per share from a maximum of Php3.15. CREIT said that the reduced price, which comes with an...
