May 27, 2023

EDC stops Peru geothermal projects over uncertainties

By Alena Mae S. Flores – May 26, 2023, 8:55 pm from manilastandard.net First Gen Corp. of the Lopez Group said Friday subsidiary Energy Development Corp. will no longer develop geothermal activities in Peru over political and market uncertainties. First […]
May 26, 2023

ACEN hikes stake in developer of Cagayan solar project

By Alena Mae S. Flores – May 25, 2023, 6:50 pm from manilastandard.net ACEN Corp. said Thursday it subscribed to additional shares in Natures Renewable Energy Development Corp., the developer of the 200-megawatt Lal-lo Solar Power Project in Lal-lo, Cagayan […]
May 26, 2023

1,200-MW Ilijan gas plant set to reopen

By Alena Mae S. Flores – May 25, 2023, 7:10 pm from manilastandard.net San Miguel Corp. is set to reintegrate the 1,200-megawatt Ilijan natural gas plant in Ilijan, Batangas to the national grid on June 2 this year, bringing much-needed […]
May 25, 2023

ACEN plans to sell P25b worth of preferred shares

By Alena Mae S. Flores – May 24, 2023, 6:20 pm from manilastandard.net ACEN Corp., the listed energy platform of the Ayala Group, said Wednesday it plans a public offering of 25 million preferred shares at P1,000 apiece for a […]