Ayala-led firm AC Energy Corporation (ACEN) is injecting more than P12 billion worth of funding to ongoing as well as programmed renewable energy (RE) projects in the Philippines. In a disclosure to the Philippine Stock Exchange (PSE), the Ayala energy company indicated that it will be funneling...
Listed firm Aboitiz Power Corporation had cast capital outlay of P190 billion that it will funnel to diverse renewable energy (RE) projects and up for implementation within a period of 10 years. For that scale of spending on greenfield projects, the company emphasized that its RE capacity under its...
Garcia-led Vivant Energy Corporation will be funneling fresh capital outlay of P5.0 billion for expansion projects to be concretized until 2023 and targeted both in the renewable energy space and on continued development of conventional power technologies. Emil Andre M. Garcia, executive vice...
Ayala-led AC Energy Corporation is making headway on its goal to become a leading player in the renewable energy (RE) space, as it advanced into construction phase its 160-megawatt Balaoi & Caunayan wind farm project in Pagudpud, Ilocos Norte; flourishing as the biggest installation on that...
Norwegian companies that are interested to inject fresh capital into the country’s renewable energy (RE) sector have been batting for the easing of legal restraints on foreign ownership, primarily on solar and wind installations. In a virtual launch of the Report on RE Opportunities in the...
Listed firm Basic Energy Corporation has formally secured wind energy service contract (WESC) from the Department of Energy (DOE) for its planned 50-megawatt wind farm installation in Mabini, Batangas. The company, which is chaired by businessman Oscar C. De Venecia, disclosed to the Philippine...
Ayala-owned AC Energy Philippines (ACEN) has executed a new subscription agreement with subsidiary Ingrid Power Holdings Inc. for the parent firm to purchase specified number of shares; then the proceeds of that transaction will bankroll the first phase of the latter’s 300-megawatt Pililla...
