March 22, 2021

EDC to help boost disaster resilience of Ormoc City

By LENIE LECTURA – MARCH 22, 2021 from Business Mirror Energy Development Corp. (EDC) has initiated various programs in Ormoc City that are meant to make the latter as the country’s model city for resilience and disaster preparedness. “EDC is […]
March 20, 2021

Gas business pulls down First Gen earnings in 2020

By LENIE LECTURA – MARCH 19, 2021 from Business Mirror File photo: First Gen’s natural gas power plants in Batangas First Gen Corp. of the Lopez Group posted P13.7 billion in net earnings last year, down 7 percent from the […]
March 19, 2021

Citicore unit taps Chinese firm for hydropower project

By LENIE LECTURA – MARCH 19, 2021 from Business Mirror Rio Norte Hydropower Corp. (RNHC), a wholly-owned subsidiary of Citicore Power Inc., has tapped Chinese firm Xian Electric Engineering Co. Ltd. as its EPC (Engineering, Construction and Procurement) contractor for […]
March 19, 2021

ACEN raises P11.88 billion via share sale

By LENIE LECTURA – MARCH 19, 2021 from Business Mirror AC Energy Corp. (ACEN) has successfully raised P11.88 billion through a private placement of 4 billion shares. “This is to announce the completion of the subscription of Arran Investment Pte. […]