December 12, 2020

Consumer group asks Court of Appeals to stop power supply deal in Bantayan Island

By Manila Standard Business – December 09, 2020 at 08:30 pm The United Filipino Consumers and Commuters Inc. said Wednesday it asked the Court of Appeals to stop the implementation of a power supply contract in Bantayan Island, claiming that […]
December 12, 2020

AC Energy’s stock rights offering secures SEC nod

By Myrna M. Velasco – December 11, 2020, 4:00 PM from Manila Bulletin Ayala-led AC Energy Philippines Inc. (ACEN) has secured the approval and confirmation of the Securities and Exchange Commission (SEC) on its stock rights offering (SRO) which is […]
December 11, 2020

PetroEnergy vows to finish all power projects

By Lenie Lectura – December 11, 2020 from Business Mirror As some of its power projects have been put on hold due to the pandemic, the Yuchengco-led listed firm PetroEnergy Resources Corp. (PetroEnergy) said Monday it would pursue to complete […]
December 11, 2020

RCBC ends funding for coal projects

By Alena Mae S. Flores – December 10, 2020 at 08:20 pm from manilastandard.net Rizal Commercial Banking Corp., the banking unit of the Yuchengco Group of Companies, will no longer fund coal power plants as part of the lender’s efforts […]