Aboitiz Power Corporation posted a 66% increase in net income to Php20.8 billion in 2021 from Php12.6 in 2020. In a disclosure to the Philippine Stock Exchange on Monday, AboitizPower attributed the...
Basic Energy Corporation is set to launch its Green Energy E-Transport Project that will roll out electric buses (e-buses) and solarize several gasoline stations in the country. Under the project, Basic Energy...
Basic Energy Corporation will be allotting an initial budget of Php31 million for its 50-megawatt (MW) Mabini Wind Project in Batangas, which will begin construction soon. In a disclosure to the Philippine...
Consunji-led Semirara Mining and Power Corporation (SMPC) recorded a net income of Php16.2 billion in 2021, its highest in 41 years, with profits jumping nearly five times from 2020’s Php3.3 billion. SMPC...
Manny V. Pangilinan-led PXP Energy said it is drilling two appraisal wells in its Service Contract (SC) 72 exploration block in gas-rich Recto Bank in the West Philippine Sea. “Each of Forum...
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...
