The Manila Electric Company’s (MERALCO) board of directors have announced the promotion of longtime spokesman Agapito “Joe” Zaldarriaga as its Vice President and Head of..
Tag Archives: PSE
San Miguel Corporation (SMC) has recently announced the acquisition of Petrogen Insurance Corporation, Petron’s wholly-owned insurance subsidiary, via a Php3 billion equity investment. “With the..
Axia Power Holdings Philippines, a subsidiary of Japanese firm Marubeni Corporation has sealed a deal with ACE Endevor, Inc., a subsidiary of AC Energy, to..
The Lopezes’ main holding firm is set to return to full private control in a bid to consolidate ownership and simplify corporate structure. Lopez Holdings,..
Ayala-led AC Energy said it looks achieve half of its 5,000-megawatt (MW) target renewable energy (RE) capacity in 2021. AC Energy President and CEO Eric..
Dennis Uy-led Phoenix Petroleum has posted a net loss of Php95 million from January to September 2020, it said in a disclosure to the Philippine..
Singapore-based fund GIC Private Limited is set to acquire 17.5% in AC Energy, the Ayala’s power firm said in a disclosure to the Philippine Stock..
Consunji-owned Semirara Mining and Power Corporation (SMPC) said in a disclosure to the Philippine Stock Exchange on Tuesday that it has terminated its four-year joint..
First Gen Corporation, the Lopez Group‘s power generation company, suffered a 12% decline in its net income in the first three quarters of 2020 at..
Petron Corporation’s sales volume and revenue may have improved in the third quarter due to the easing of quarantine restrictions, but this was not enough..