Consunji-led Semirara Mining and Power Corporation (SMPC) is budgeting around Php4 billion for its capital expenditure (capex) program this year. SMPC said Php2.9 billion of..
Tag Archives: Philippine Stock Exchange
AC Energy, together with its partner UPC Solar Asia Pacific, has secured funding for its 100-megawatt Sitara Solar Farm project in northwestern India. Located in..
SMC Global Power Holdings (SMCGPH), the power generation arm of San Miguel Corporation (SMC), posted a 31% increase in its net income for 2020 despite..
Petron Corporation has appointed John Paul Ang, the eldest son of its President and CEO Ramon Ang, as a member of its board of directors..
Singaporean sovereign fund GIC Private Ltd. will begin the initial phase of its investment in AC Energy (ACEN) through an Php11.9-billion private placement slated for..
Cebu-based Vivant Corporation, through subsidiary Vivant Renewable Energy Corporation (VREC), is investing up to Php364 million in Buskowitz Finance, Inc. (BFI). BFI is a solar..
Petron Corporation’s bottom line indeed took a blow from the COVID-19 pandemic, as it suffered a drastic net loss of Php11.4 billion in 2020, a..
The past year may have been tough for many businesses, including those in the energy sector, but things appeared to be a lot different for..
Ayala-led AC Energy (ACEN) is investing Php2.2 billion for its 40-megawatt (MW) battery energy storage system (BESS) project in Alaminos, Laguna. In a disclosure to..
Aboitiz Power Corporation, the country’s largest power generator, registered a net income of Php12.6 billion in 2020, 27% lower than the Php17.3 billion recorded in..