July 13, 2022

AC Energy’s green bond rated Aaa by PhilRatings

BY LENIE LECTURA – JULY 12, 2022 from Business Mirror PHILIPPINE Rating Services Corp. (PhilRatings) has assigned an issue credit rating of PRS Aaa to the proposed P10-billion green bond issuance of AC Energy Corp. (ACEN). The offering has received […]
July 12, 2022

Malampaya gas field prod’n declines steeply in 2021

By Myrna M. Velasco – July 9, 2022, 11:49 AM from Manila Bulletin The depletion of the Malampaya gas field is becoming extremely visible, as its reported production for three quarters in 2021 significantly dipped to 79.054 billion cubic feet […]
July 12, 2022

Casecnan hydro plant on forced shutdown since 2021

By Myrna M. Velasco – July 9, 2022, 10:40 AM from Manila Bulletin The Department of Energy (DOE) revealed that the 165-megawatt Casecnan hydropower plant had been on forced shutdown since October last year due to “unresoved issues” with the […]
July 7, 2022

ACEN to sell green bonds to complete solar projects

BY LENIE LECTURA – JULY 6, 2022 from Business Mirror AC Energy Corp. (ACEN), the Ayala Group’s listed energy platform, is set to offer up to P10 billion in green bonds, proceeds of which will be used to finance the […]