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Philippines
Thursday, May 9, 2024

Alena Mae S. Flores

Watchdog backs ERC appeal on Meralco-SMC deals

The watchdog group Power for People Coalition (P4P) expressed support for the move by the Energy Regulatory Commission (ERC) to appeal before the Supreme...

ACEN’s income climbed to P2.7b in Q1 on higher power output

ACEN Corp., the listed energy platform of the Ayala Group, said Wednesday its consolidated net income climbed 34 percent to P2.7 billion in the...

NGCP seeks help to complete Amlan-Dumaguete line

National Grid Corp. of the Philippines asked stakeholders and Negros Oriental government officials for assistance as it expedites the completion of the Amlan-Dumaguete 138-kiloVolt...

First Gen booked $81-m recurring net income in first three months

First Gen Corp. of the Lopez Group on Wednesday reported a 9-percent decline in attributable recurring net income to $81 million (P4.5 billion) in...

Alternergy eyes P4-b green corporate loan

The board of listed Alternergy Holdings Corp. approved the company’s plan to secure up to P4 billion in green corporate loan to support the...

SPNEC plans to welcome 2 foreign partners this year

SP New Energy Corp. (SPNEC) expects to take in “at most” two foreign partners in Terra Solar Philippines Inc. within the year, an executive...

Petron’s profit grew to P3.93b in first quarter

Petron Corp. said Tuesday it delivered a strong performance in the first quarter, with net income growing 16 percent to P3.93 billion from P3.4...

Semirara keen on developing 700-MW coal plant in Batangas

Semirara Mining and Power Corp. remains keen on developing a 700-megawatt coal-fired power plant in Calaca, Batangas under subsidiary St. Raphael Power Generation Corp. SMPC...
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