Three weeks before the Malampaya gas field’s scheduled maintenance shutdown, the Service Contract (SC) 38 Malampaya consortium cut its supply to its five dependent power plants in Batangas City. Both First Gen...
Militant groups are calling on the Manila Electric Company (MERALCO) to waive its rate hikes for August and September, saying that the power giant continues to rake in profits even amid the...
AC Energy (ACEN) said that it has raised a total of $967.6 million (around Php48.7 billion) in fresh capital in the first nine months of the year. This comes as the Ayalas’...
Investors were eager to avail of AC Energy’s ASEAN Green Bond offering at the Singapore Exchange (SGX) that it was oversubscribed, with orders exceeding $2 billion (over Php100 billion), or more than...
Consunji-led Semirara Mining and Power Corporation (SMPC) announced on Tuesday that it has paid nearly Php1.7 billion in royalties to the Department of Energy (DOE) for the second quarter, the highest ever...
Philippines Clean Energy Holding Inc. (PCEHI), a subsidiary of Singapore-based Valorous Asia Holdings Pte. Ltd., offered to acquire up to 5.7% of First Gen Corporation’s outstanding common shares at Php33 per share,...
AC Energy (ACEN) announced that it launched its green bonds to be listed on the Singapore Exchange (SGX). In a disclosure to the Philippine Stock Exchange (PSE), ACEN said that the senior...
One of the 97-megawatt (MW) Avion gas-fired power plant’s two turbines has gone offline after its compressor sustained damage. In a disclosure to the Philippine Stock Exchange, plant owner First Gen Corporation...
The Energy Regulatory Commission (ERC) said that the National Grid Corporation of the Philippines (NGCP) can be listed in the Philippine Stock Exchange (PSE) via any mode as long as it goes...
AC Energy’s (ACEN) executive committee has approved its entry into a joint venture with solar plant developer ib vogt Singapore Pte. Ltd. for the building of new projects across the country. Based...
