November 19, 2018

Ayala set to complete coal sale

By Alena Mae S. Flores – November 18, 2018 at 07:45 pm from manilastandard.net AC Energy Inc., the power unit of Ayala Corp., said it expects to close the sale of its 49-percent voting stake and 60-percent economic interest in […]
November 19, 2018

AC Energy hopes for early sale of Lanao coal-fired power plant

By Lenie Lectura – November 19, 2018 from Business Mirror AC Energy Inc. is eyeing to close in the next few months a deal with an investor for the sale of the 4×135-megawatt (MW) coal-fired power plant in Kauswagan, Lanao del […]
November 17, 2018

First Gen posts 45% income rise to $180 M

By Myrna M. Velasco – November 16, 2018, 10:00 PM from Manila Bulletin Owing it primarily to the earnings upturn of its gas business segment, the recurring earnings of Lopez firm First Gen Corporation had been on robust climb of […]
November 17, 2018

Meralco’s Singapore gas facilities start contributing to parent profits

By Myrna M. Velasco – November 16, 2018, 10:00 PM from Manila Bulletin After years of lackluster financial performance, the gas-fired power assets of Manila Electric Company (Meralco) in Singapore already started bringing in considerable level of profitability to the […]