SM Investments Corporation (SMIC) said on Friday that it will be acquiring the Philippine Geothermal Production Company (PGPC), which owns the Tiwi steam field in Albay and the MakBan steam field in...
The Alcantara Group’s Alsons Consolidated Resources (ACR) registered a Php405 million net income attributable to its parent in 2021, a 24% increase from 2020’s Php325 million. Its consolidated revenues also grew to...
Solar Philippines Nueva Ecija Corporation (SPNEC) has laid out its guidelines and share price range for its stock rights offering (SRO) targeted for June. In a disclosure to the Philippine Stock Exchange...
The Energy Regulatory Commission (ERC) has granted a provisional authority for Victorias Milling Company (VMC) to operate its 40-megawatt (MW) biomass co-generation power plant in Victorias City, Negros Occidental. In its disclosure...
The board of Ayala-led ACE Enexor has approved the conduct of a follow-on offering (FOO), wherein 74 million shares would be issued. In a disclosure to the Philippine Stock Exchange on Tuesday,...
Cebu-based Vivant Corporation registered a total consolidated net income attributable to parent of Php1.78 billion in 2021, up 23% from Php1.44 billion in 2020. In its disclosure to the Philippine Stock Exchange...
Lopez-led First Gen Corporation, registered a flat growth of Php12.4 billion in 2021 due to high global oil prices and supply restrictions that affected prices in the Wholesale Electricity Spot Market. “First...
The Department of Energy (DOE) has approved the proposal of Ayala-led ACE Enexor and joint venture partner Pryce Corporation consortium to commence drilling in the Service Contract (SC) 55 exploration block in...
The construction of Solar Philippines Nueva Ecija Corporation’s (SPNEC) 500-megawatt (MW) “solar ranch” in Peñaranda, Nueva Ecija is ahead of its schedule, Solar Philippines founder and CEO Leandro Leviste said. “As far...
Aboitiz Power Corporation is allotting Php28 billion for capital expenditures (capex) this year, which will be used to expand its renewable energy (RE) portfolio and to upgrade its existing power facilities, the...
