Philippines-based renewable energy (RE) firm Berde Renewables Inc. is set to help accelerate green energy developments in Thailand. In a statement, Berde Renewables and Thailand’s Power Systems and Solutions Co. Ltd. (PSS) announced a joint venture to develop and deploy solar photovoltaic,...
A glimpse inside Camp John Hay (BCDA) The Bases Conversion and Development Authority (BCDA) is mapping out a redevelopment roadmap to transform Camp John Hay in Baguio City as a primary ecotourism destination, with investments from its joint ventures projected to reach P10 billion. The BCDA...
Listed Filipino firm Basic Energy Corporation has sealed a 50:50 joint venture pact with Japanese firm Renova Inc. for the commercial development of Mabini wind power project that could potentially yield 50-megawatt capacity addition to the country’s power supply. Basic Energy announced that the...
Inchcape Plc (Inchcape), an independent multi-brand global automotive distributor, has acquired a controlling stake in CATS Group of Companies (CATS), the leading distributor of luxury vehicles in the Philippines. The acquisition also paved the way for a joint venture with Inchcape and CATS....
Businessman Manuel V. Pangilinan (MVP) revealed on Thursday that the joint venture between ABS-CBN and TV5 is near completion. Speaking at sidelines of the PLDT financial briefing, he said, “We have been having discussions with them for over a year. But it is fair to characterize it as we’re in...
Cebu-Cordova Link Expressway (3) The Cebu Link Joint Venture (CLJV), a consortium consisting of ACCIONA, First Balfour, and DMCI, joined both sides of the 390-meter central span of the Cebu-Cordova Link Expressway cable-stayed bridge in a P20-billion ($400 million) undertaking. The project, awarded...
The P30-billion Cebu-Cordova Link Expressway (CCLEX) is now 61 percent complete in the midst of the Covid-19 pandemic. CCLEX links mainland Cebu from Cebu City to the Municipality of Cordova in Mactan Island. The overall engineering, procurement and construction (EPC) progress of the project...
