March 10, 2021

Aboitiz Power fell 27% to P12.6 billion in 2020

By Myrna M. Velasco – March 10, 2021, 5:00 AM from Manila Bulletin Owing it to the overall downtrend in demand last year, the core net income of listed firm Aboitiz Power Corporation dropped 27-percent last year to P12.6 billion […]
March 10, 2021

ACEN’s net profit jumps to P3.86b

By Alena Mae S. Flores – March 09, 2021 at 07:40 pm from manilastandard.net AC Energy Corp. said Tuesday net income surged to P3.869 billion in 2020 from P132.873 million in 2019. ACEN said in a disclosure to the stock […]
March 9, 2021

AC Energy to sell ownership interest in GNPower Kauswagan to partner

By LENIE LECTURA – MARCH 9, 2021 from Business Mirror As part of its plan to get out of coal by 2030, AC Energy and Infrastructure Corp. (AC Energy) has agreed to sell 100 percent of its ownership interest in […]
March 9, 2021

Quezon power co-op obtains P20-M loan

By Jordeene B. Lagare – March 9, 2021 from The Manila Times An electric cooperative (EC) servicing Quezon province obtained a P20.138-million calamity loan from the National Electrification Administration (NEA). The agency, in a statement on Monday, said Quezon I […]