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 […]
December 11, 2020

Funding for nuclear studies points to ‘tacit’ approval from Senate, legislator says

December 8, 2020 | 7:21 pm By Angelica Y. Yang PHILSTAR THE chairman of the Senate energy committee said the chamber’s funding support for developing a nuclear energy program, worth nearly P192 million since 2018, may be taken as “tacit” […]