September 25, 2020

AC Energy to invest P250M in subsidiary

By Jordeene B. Lagare – September 25, 2020 from The Manila Times AC Energy Philippines Inc. (Acen) has signed an agreement to subscribe to unit Buendia Christiana Holdings Corp.’s (BCHC) preferred shares valued at P250 million. In a disclosure on […]
September 25, 2020

Bidding for Malaya power plant fails again

By Alena Mae S. Flores – September 23, 2020 at 08:35 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. declared a failure the third round of public auction for the 650-megawatt Malaya Thermal Power Plant and its […]
September 24, 2020

Malampaya operator selling 45% stake

By Lenie Lectura – September 24, 2020 from Business Mirror Malampaya Deep Water Gas to Power facility in Palawan SHELL Philippines Exploration B.V. (SPEx), operator of the Malampaya deepwater gas-to-power project, said Wednesday it is selling its 45-percent stake in […]
September 24, 2020

Loan payments from electric coops declined in H1—NEA

By Lenie Lectura – September 24, 2020 from Business Mirror The country’s electric cooperatives (ECs) posted a total of P773.91 million in loan payments for the first six months of the year, the National Electrification Administration (NEA) said on Wednesday. […]