March 10, 2023

Ayala’s energy platform spending up to P70b this year

By Alena Mae S. Flores – March 9, 2023, 8:40 pm from manilastandard.net ACEN Corp., the listed energy platform of the Ayala Group, said Thursday it is looking at capital expenditures of P50 billion to P70 billion in 2023 to […]
March 9, 2023

ACEN’s board approves P32-b fund-raising plan

By Alena Mae S. Flores – March 8, 2023, 7:55 pm from manilastandard.net ACEN Corp. said Wednesday its board approved the procurement of additional credit facilities of up to P32 billion to finance its expansion program. ACEN said its was […]
March 9, 2023

Alternergy prices IPO at P1.28 per share

By Jenniffer B. Austria – March 8, 2023, 7:15 pm from manilastandard.net Renewable power firm Alternergy Holdings Corp. set the final offer price for its maiden share offering at P1.28 per share, finalizing its offering size at P1.62 billion. Alternergy […]
March 7, 2023

MORE Electric energizes new substation at Iloilo Business Park

By Alena Mae S. Flores – March 6, 2023, 7:00 pm from manilastandard.net MORE Electric and Power Corp., Iloilo City’s electric distribution utility, said Monday it energized the 30/36 MVA New Megaworld Substation at Iloilo Business Park on March 5. […]