June 28, 2019

PH GenCos worried over rate hike due to shipping’s fuel shift

By Myrna M. Velasco – June 27, 2019, 10:00 PM from Manila Bulletin BALI, Indonesia – Power generation companies are worried that the shift of shipping vessels to low sulfur-content marine fuel could hike freight costs that will in turn […]
May 27, 2019

Hydrogen storage to reinforce sustainability of renewable energy

By Myrna M. Velasco – May 26, 2019, 10:00 PM from Manila Bulletin MUNICH, Germany – With the “green-leaning” transformative phase happening in the energy sector globally, hydrogen storage is being dangled as the “next major innovation” that can further […]
April 11, 2019

AboitizPower borrows $300 million from foreign banks to buy AC Energy’s thermal assets

By Lenie Lectura – April 11, 2019 from Business Mirror ABOITIZ Power Corp. signed a $300-million loan facility with foreign banks to partly finance its acquisition of AC Energy Inc.’s thermal assets. “AboitizPower signed a facility agreement with DBS Bank […]
March 3, 2019

Aboitiz Power secures PCC approval on $579-M equity take in Ayala firm

By Myrna M. Velasco – March 2, 2019, 10:00 PM from Manila Bulletin Listed firm Aboitiz Power Corporation has secured the approval of the Philippine Competition Commission (PCC) on its equity acquisition in the thermal platform of AC Energy of […]