Lopez-led Energy Development Corporation (EDC) listed on Friday (June 25) with the Philippine Dealing and Exchange Corporation (PDEx) the P5.0 billion first tranche of its ASEAN green bonds. The issue, which has been oversubscribed due to buoyed interest of investors, is part of the P15 billion...
Listed firm SPC Power Corporation is pacing its investment shift into renewables, with targeted solar and hydro projects, as well the deployment of battery energy storage systems. According to SPC Chairman Alfredo L. Henares, the company “has been looking seriously at projects in the solar and...
Alcantara-led Alsons Consolidated Resources Inc. (ACR) registered increase in its first quarter net earnings to P379 million versus year ago’s P310 million. The income attributable to the parent firm has also gone up to P93 million compared to a leaner P55 million within the same three-month...
Lopez-owned First Gen Hydro Power Corporation (First Gen Hydro) has pledged P33 million worth of donation to its host-community for the completion of a water supply and distribution system project in Pantabangan, Nueva Ecija. The donation, was formalized through a virtual memorandum of agreement...
The Department of Energy (DOE) has started awarding the last batch of degressed feed-in-tariff (FIT) incentives to qualified biomass and run-of-river hydropower projects that reached commercial operations on the prescribed cut-off date last year. Energy Secretary Alfonso G. Cusi The recent round of...