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...
(UPDATED) After nearly two months of repairs, First Gen Corporation said that its 97-megawatt Avion power plant in Batangas City has resumed full commercial operations. In a disclosure to the Philippine Stock...
AC Energy (ACEN), the Ayala group’s energy platform, will be increasing its ownership in its wind farm projects in Ilocos Norte, while also taking over its joint ventures with UPC Renewables in...
AC Energy (ACEN), the power arm of the Ayala Group, is transitioning its generation portfolio to 100% renewable energy (RE) by relinquishing all thermal assets by 2025 through a “property-for-share-swap” scheme with...
AC Energy (ACEN) is acquiring the remaining 51.6% stake in its in joint venture with UPC Renewables in Australia, giving the Ayala-led firm its first wholly-owned development and operating platform outside of...
