The board of Solar Philippines Nueva Ecija Corporation (SPNEC) has approved the asset-for-share swap with parent company Solar Philippines. In a disclosure to the Philippine Stock Exchange on Thursday, SPNEC said it...
Ayala-led ACEN has sold its 32-megawatt (MW) oil-fired Power Barge (PB) 102 in Lapuz, Iloilo City to SPC Power Corporation for Php39.2 million, based on separate disclosures of both firms to the...
Citicore Renewable Energy Corporation (CREC) will be investing around Php70 billion to develop 1,500 megawatts (MW) worth of renewable energy (RE) projects over the next five years. The projects, according to CREC...
Pampanga-based renewable energy (RE) firm Raslag Corporation is looking to conduct a Php805 million initial public offering (IPO) to expand its solar energy portfolio. The company aims to raise Php700 million through...
Citicore Energy REIT Corporation (CREIT) has moved its listing date to next week, specifically February 22 at the latest, from its initially planned schedule this Thursday. This comes as CREIT received an...
Solar Philippines Nueva Ecija Corporation (SPNEC) is aiming to raise Php10 billion by way of a stock rights offering (SRO) to buy land for the development of ten gigawatts (GW) of solar...
SPC Power Corporation and affiliate Intrepid Holdings, Inc. (IHI) have acquired German firm Steag GmbH’s 51% stake in STEAG State Power Inc. – the operator of the 210-megawatt (MW) Mindanao Coal-fired Power...
Unit 1 of First Gen Corporation’s 97-megawatt (MW) Avion Power Plant in Batangas City is now fully operational after two months of repairs, testing, and recommissioning. “We are advising that the unit...
SPC Power Corporation said it has appealed the Php4 million fine the Energy Regulatory Commission (ERC) imposed on the firm over the excessive outages of the Panay Diesel Power Plant (PDPP). In...
Unit 1 of First Gen Corporation’s 97-megawatt (MW) Avion Power Plant in Batangas City is now partially operating after almost two months of repairs. “The unit is currently commercially available on natural...
