CREC eyes Green Bond offering in 2025 By James A. Loyola After raising P5.3 billion from its initial public offering (IPO), Citicore Renewable Energy Corporation (CREC) is considering the issuance of Green Bonds to help fund its aggressive $3-billion five-year expansion program. During the press...
The UK government’s MOBILIST Programme has invested P731 million in Citicore Renewable Energy Corporation (CREC) which is equivalent to 13.77 percent of its P5.3-billion initial public offering (IPO). CREC has successfully completed its IPO and listing on the Philippine Stock Exchange (PSE) on...
The Securities and Exchange Commission (SEC) has approved the planned P580 million initial public offering (IPO) of NexGen Energy Corporation. In its meeting on June 4, the Commission En Banc resolved to render effective the registration statement of NexGen Energy covering 1.49 billion shares,...
From left: PLDT Vice President and Sector Head for Property and Facilities, Leo Gonzales; PLDT First Vice President, Chief Sustainability Officer, and Head of Investor Relations, Melissa Vergel de Dios; ACEN SVP for Market Transformation, Tony Valdez; and ACEN VP for Commercial Operations and Head...
Motorists using gasoline products will be greeted with more favorable news at the pumps this week as the price of this commodity will be reduced by P0.90 per liter, according to the pricing advisories of the oil companies. Conversely, however, those filling up their vehicles with diesel will...
First Philippine Holdings Corporation (FPHC), a member of the Lopez Group, is kicking off the operation of seven power plants worth P29.3 billion this year through Energy Development Corporation (EDC). During the firm’s annual stockholders’ meeting, FPHC President Francis Giles B. Puno said...
BACOLOD CITY – The Energy Regulatory Commission (ERC) has approved the power supply agreement (PSA) between the Central Negros Electric Cooperative (Ceneco) and the Energy Development Corp. (EDC) in a bid to stop increasing electricity rates affecting the province of Negros Occidental. In a...
Aside from raising fresh capital from the investing public through its P580 million initial public offering (IPO), NEXGEN Energy Corporation is also in talks with Environmental, Social, and Governance (ESG) equity funds to help finance its renewable energy expansion program. "The company is in...
President Marcos has urged Brunei's energy business leaders to invest in Philippine renewable energy (RE), saying the country is making progress in the "very promising" sector. President Ferdinand ‘Bongbong’ Marcos Jr. (Malacañang photo) Marcos said this during his meeting with business...
The Philippines intends to adopt the latest state-of-the-art technology used by Brunei's power industry, President Marcos told Bruneian firms. President Ferdinand 'Bongbong' Marcos Jr. meets with Bruneian businessmen on May 29, 2024 during his two-day state visit in Brunei. (Photo courtesy of...
BACOLOD CITY – Mayor Albee Benitez has urged the Energy Regulatory Commission (ERC) to act on the power supply agreement between the Central Negros Electric Cooperative (Ceneco) and the Energy Development Corp. (EDC) to address the strong clamor of consumers in this city regarding the high power...
"First, do no harm.” This foundational principle of healthcare has guided medical professionals since the time of Hippocrates, the father of Western medicine. It underscores the commitment to avoid causing harm to people. However, in a contradictory twist, the healthcare industry now...
