June 19, 2024

Meralco seeks offers for 400-MW mid-merit supply for 15-year period

By Alena Mae S. Flores – June 18, 2024, 8:05 pm from manilastandard.net Power retailer Manila Electric Co. is seeking offers from power generators to supply 400 megawatts of mid-merit capacity for 15 years starting Aug. 26, 2025. A mid-merit […]
June 7, 2024

ACEN infuses P8.69b into Giga Ace 8

By Alena Mae S. Flores – June 6, 2024, 7:35 pm from manilastandard.net ACEN Corp. said Thursday it signed a subscription contract with wholly-owned subsidiary Giga Ace 8 Inc. for the additional subscription in the company amounting to P8.69 billion. […]
May 25, 2024

ACEN raises YMP Telecom credit to P466m to fund energy projects

By Alena Mae S. Flores – May 24, 2024, 8:40 pm from manilastandard.net ACEN Corp. said it substantially increased its credit facility to YMP Telecom Power Inc. to P466 million from P200 million to fund the latter’s development costs of […]
May 21, 2024

ACEN guarantees P1.4-b loan of San Carlos Solar Energy

By Alena Mae S. Flores – May 20, 2024, 7:35 pm from manilastandard.net ACEN Corp. said Monday it acted as guarantor to the P1.4-billion loan of subsidiary San Carlos Solar Energy Inc. (SACASOL). SACASOL is the owner and operator of […]