Ayala-led ACEN is raising a total of Php14 billion to develop solar and wind projects. In separate disclosures to the Philippine Stock Exchange on Wednesday, ACEN said it signed subscription agreements with subsidiaries...
Just over a week after its public listing, Solar Philippines Nueva Ecija Corporation (SPNEC) said it has begun construction works on its 500-megawatt (MW) “solar ranch” project in Peñaranda town. The project,...
Pilipinas Shell Petroleum Corporation said it has secured a Php6 billion medium-term loan to mainly to repay its earlier short-term loan. In a disclosure to the Philippine Stock Exchange (PSE) on Monday,...
Fresh from its Php2.7 billion initial public offering (IPO), Solar Philippines Nueva Ecija Corporation (SPNEC) said it is preparing a planned expansion under a joint venture. SPNEC, the developer of the 500-megawatt...
Following the approval of JERA Asia Private Limited’s investment in Aboitiz Power Corporation, JERA Asia CEO Toshiro Kudama took his seat in the board of the country’s largest power generator. Kudama is...
Ayala-led ACEN and its subsidiary ACE Endevor, Inc. have acquired 60% of renewable energy (RE) firm Nature’s Renewable Energy Development Corporation (NAREDCO) for its 200-megawatt direct (MWdc) current solar power plant project...
FDC Utilities, Inc., the power utility arm of Filinvest Development Corporation (FDC), has switched on its 2.8 megawatt-peak solar power project on the rooftop of Festival Mall in Alabang, Muntinlupa City. Composed...
The board of directors of Basic Energy Corporation has elected Ramon Villavicencio as its new chairman following its acquisition of Filoil Energy Corporation last week. Basic Energy disclosed to the Philippine Stock...
Ayala-led ACEN said that it plans to meet the 20% minimum public float requirement of the Philippine Stock Exchange Composite Index (PSEi) next year after the series of investments in the company,...
Aboitiz Power Corporation has awarded its engineering, procurement, and construction (EPC) contract for its 94-megawatt peak Cayanga-Bugallon solar power plant project in Pangasinan (photo of site above). The company, through subsidiary Aboitiz...
