August 2, 2018

Petilla, Gatmaitan quit MRC Allied

By Jordeene Sheex Lagare – August 2, 2018 from The Manila Times FORMER Energy Secretary Carlos Jericho Petilla and Carlos Jose Gatmaitan have stepped down as independent director and chairman, respectively, of listed MRC Allied Inc. which added renewable energy (RE) to its portfolio last year. Gatmaitan was […]
August 2, 2018

AEV H1 net income tops P10 billion, but 2 percent lower than in 2017

By Lenie Lectura – August 1, 2018 from Business Mirror ABOITIZ Equity Ventures Inc. (AEV) said its net income for the first half of 2018 stood at P10.1 billion, 2 percent lower than the P10.3 billion recorded last year. The […]
August 1, 2018

AC Energy to finalize sale of thermal-energy business this year

By Lenie Lectura – July 31, 2018 from Business Mirror AC Energy Inc. is determined to finalize within the year the planned sale of its thermal-energy assets. “We are still in the middle of the process, but we expect to […]
August 1, 2018

Transco seeking P0.278 FiT allowance in 2019

By Lenie Lectura – July 31, 2018 from Business Mirror THE National Transmission Corp. (Transco) is seeking a feed-in-tariff allowance (FiT-All) of P0.2780 per kilowatt-hour  for 2019, lower than its 2018 application of P0.2932 per kWh but higher than current […]