July 24, 2020

AC Energy, Axia Power ink deal for Rizal plant

By Lenie Lectura – July 24, 2020 from Business Mirror AC Energy Philippines Inc. (ACEPH) signed a shareholders’ deal that paves the way for the development of a 150-megawatt (MW) diesel power plant in Pililla, Rizal. ACEPH and its wholly-owned […]
July 1, 2020

SEC gives green light for ACEPH to hike capital to P24.4B

By Jordeene B. Lagare – July 1, 2020 from The Manila Times THE Securities and Exchange Commission (SEC) has approved a higher capital for AC Energy Philippines Inc. (formerly Phinma Energy Corp.) to P24.4 billion to scale up its expansion […]
April 21, 2020

AC Energy expects to post profit this year

By Lenie Lectura -April 21, 2020 from Business Mirror AC Energy Philippines (ACEPH), the power arm of conglomerate Ayala Corp., is expected to post profit this year despite the low demand for power caused by the coronavirus disease 2019 (Covid-19) […]
January 6, 2020

Meralco’s revised CSP rules spark interest of top firms

By Lenie Lectura -January 6, 2020 from Business Mirror The Manila Electric Co.’s (Meralco) revised bidding rules for the second round of the competitive selection process (CSP) for 1,200-megawatt (MW) capacity sparked the interest of conglomerate San Miguel Corp. (SMC) […]