March 22, 2025

First Gen’s recurring income softened to $245m in 2024

By Alena Mae S. Flores – March 21, 2025, 8:10 pm from manilastandard.net First Gen Corp. of the Lopez Group on Friday reported a 12-percent decrease in attributable recurring net income for 2024 to $245 million (P14 billion) from $277 […]
March 21, 2025

AboitizPower allots ₱78.1B for capex budget this year

By Lorenz S. Marasigan – March 21, 2025 from Business Mirror Aboitiz Power Corp. has allotted P78.1 billion in capital expenditure (capex) for 2025, majority of which will be used to expand its renewable energy (RE) portfolio, aligning with its […]
March 21, 2025

ERC looks into SMGP’s ₱5-billion rate collection

By Gabriell Christel Galang – Mar 20, 2025 03:44 PM from Manila Bulletin The Energy Regulatory Commission (ERC) is currently evaluating SMC Global Power Holdings Corp.’s (SMGP) request to recover costs from consumers. In an ambush interview with ERC Chairperson […]
March 21, 2025

Alsons’ 2024 net income climbed 11% to P2.53b on high electricity demand

By Alena Mae S. Flores – March 20, 2025, 7:35 pm from manilastandard.net Alsons deputy chief financial officer Philip Edward Sagun Alsons Consolidated Resources Inc., the publicly-listed company of the Alcantara Group, reported an 11-percent increase in its 2024 net […]