Alsons Consolidated Resources, Inc. (ACR), Mindanao’s first private power generator, has announced that its Chairman and President Tomas Alcantara has decided to to retire for health reasons effective March 1. His brother
Phoenix Petroleum Philippines of Davao-based businessman Dennis Uy has clarified that the company is not for sale, though investors are welcome to boost capital for further expansion. In a report by The
First Gen Corporation said that it has finished repairing the Unit 70 generator of its San Gabriel Combined Cycle Power Plant in Batangas, which was damaged following a trip in September 2020.
AC Energy is hoping to raise up to nearly Php20 billion by offering up to 2,430,248,617 billion common shares in its follow-on offering (FOO), based on the registration statement it submitted to
AC Energy and its joint venture partner UPC Renewables have secured financing from three banks for the 720-megawatt (MW) New England Solar Farm (NESF) in the state of New South Wales (NSW),
Davao-based businessman Dennis Uy is looking to sell Phoenix Petroleum, the country’s third-largest oil player, as the petroleum industry continues to feel the effects of the COVID-19 pandemic. In a report by
The board of directors of Basic Energy Corporation has approved the company’s plan to build a 50-megawatt wind farm in Mabini, Batangas. In a regulatory filing, Basic Energy said that its subsidiary
Ethanol and sugar producer Roxas Holdings, Inc. posted a Php239.8 million net loss in the first quarter of its fiscal year, which ended on December 31, 2020. The loss in the said
AC Energy (ACEN) subsidiary Bulacan Power Generation Corporation has acquired 23,284,346 shares of its parent firm via its recently-concluded stock rights offering (SRO) at Php2.37/share for a total purchase amount of Php55.2
AC Energy (ACEN) has announced that it has sealed a joint venture with renewable energy (RE) firm Citicore Power for the building of a solar power plant in Pampanga. In a disclosure
