August 13, 2024

Assets acquired in 2023 prop up CREIT net income in H1

By Lenie Lectura and VG Cabuag – August 13, 2024 from Business Mirror Citicore Energy REIT Corp. (CREIT) said its net income rose by 12 percent year-on-year to P693.41 million in January to June due to higher revenues during the […]
August 13, 2024

Alternergy joins PSE industrial index

By Lenie Lectura – August 13, 2024 from Business Mirror Alternergy Holdings Corp. has been included in the industrials index of the Philippine Stock Exchange (PSE) sector indices. “We are thrilled to be added to the PSE’s Industrial Index after […]
August 13, 2024

Geothermal unit pulls down profit of First Gen in H1

By Lenie Lectura – August 13, 2024 from Business Mirror First Gen Corp. (First Gen) reported a 10-percent decline in net income for the first half of the year at $150 million from last year’s $167 million due to lower […]
August 12, 2024

MGen withdraws bid for 796-MW CBK hydropower plants in Laguna

By Alena Mae S. Flores – August 11, 2024, 7:00 pm from manilastandard.net Meralco PowerGen Corp. decided to withdraw its bid for the privatization of the 796.64-megawatt Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Lumban, Majayjay and Kalayaan, Laguna. “On […]