Ayala-led AC Energy Corporation (ACEN) disclosed today that its consolidated net income attributable to parent increased by a significant 22% to Php4.27 billion in the first nine months of 2021, from Php3.5...
AC Energy (ACEN), has begun construction of a 283-megawatt (MW) solar farm on unutilized land covered by lahar from Mt. Pinatubo in San Marcelino, Zambales, which it says is the country’s largest...
Solar Philippines announced it aims to raise Php1.3 billion through the initial public offering (IPO) of its wholly-owned subsidiary, Solar Philippines Nueva Ecija Corporation (SPNEC), which is developing a 500-megawatt (MW) project,...
After months of delays, Aboitiz Power Corporation said it is looking forward to the full operation of the GNPower Dinginin (GNPD) coal-fired power plant’s 668-megawatt Unit 1 by the end of the...
First Gen Corporation’s 97-megawatt (MW) Avion dual-fuel power plant in Batangas City is now back in full commercial operation for both natural gas and liquid fuel. In a disclosure to the Philippine...
As part of their parent conglomerate’s goals of having net zero greenhouse gas emissions, AC Energy (ACEN) has signed a power supply agreement (PSA) with sister firm Ayala Land to provide it...
The Philippine Competition Commission (PCC) has cleared JERA Asia Private Limited’s proposal to buy 27% of Aboitiz Power Corporation, its parent firm Aboitiz Equity Ventures (AEV) said in a disclosure to the...
AC Energy (ACEN) recently announced that it is partnering with the South Pole Group, a leading project developer and global climate solutions provider that works with private organizations and governments worldwide. ACEN’s...
Basic Energy Corporation has announced the demise of its Chairman Oscar De Venecia, Sr. on Wednesday night at the age of 89. De Venecia was father of Basic Energy President and CEO...
Converge ICT Solutions of Pampanga-based businessman Dennis Anthony Uy will be getting its electricity supply from First Gen Corporation’s geothermal assets to power its main office in Pasig City. Under the two-year...
