Basic Energy Corporation’s board has approved the company’s plan to buy up to 60% of independent oil firm Filoil Energy Co. Inc. In a disclosure to the Philippine Stock Exchange (PSE) on...
AC Energy (ACEN) and AMI Renewables, a Vietnam-based renewable energy (RE) platform, will be launching a pilot utility-scale battery energy storage system (BESS) in the Southeast Asian nation’s Khanh Hoa province. The...
Synergy Grid & Development Philippines, which owns the National Grid Corporation of the Philippines (NGCP), is set to have its follow-on offering (FOO) from October 26-November 2, just a few weeks before...
Petron Corporation, the country’s largest oil firm, has completed the sale of its fixed-bond rates worth Php18 billion partly to finance its new power plant inside its refinery in Limay, Bataan. In...
Global investment firm KKR said it is about to complete its Php8.68 billion additional capital outlay via a voluntary tender offer to increase of its ownership of First Gen Corporation. In a...
AC Energy (ACEN) said that it has begun operating its Php1.9 billion 150-megawatt (MW) diesel power plant in Pililla, Rizal for reserve and peaking power purposes amid the Malampaya gas field’s dwindling...
AC Energy (ACEN) and joint venture partner BIM Group announced on Monday the start of commercial operations of their 88-megawatt (MW) Ninh Thuan wind farm in Vietnam. Located in South Central Vietnam,...
Aboitiz Power Corporation said it has filed its application with the Securities and Exchange Commission (SEC) for the issuance of Php12 billion in fixed-rate retail bonds to partly finance its 74-megawatt Cayanga-Bugallon...
A Singapore-based unit of a Japanese firm is investing in Aboitiz Power Corporation to expand its clean energy projects in the Philippines. AboitizPower’s parent firm Aboitiz Equity Ventures (AEV) said its board...
The Securities and Exchange Commission (SEC) and the shareholders of Synergy Grid & Development Philippines have approved an amendment to the firm’s articles of incorporation raising its authorized stock to Php5.3 billion...
