March 12, 2022

ACEN to tap P23-B loan facilities for project expansions

By Myrna M. Velasco – March 11, 2022, 4:08 PM from Manila Bulletin To prop funding for its robust investment pipeline, Ayala-led ACEN Corporation will be tapping P30.5 billion in additional loans. As disclosed to the Philippine Stock Exchange (PSE), […]
March 10, 2022

ACEN sets P55.5-B capex for project expansions; income up 22% to P5.2-B

By Myrna M. Velasco – March 9, 2022, 2:35 PM from Manila Bulletin Having logged consolidated net income growth hitting P5.3 billion last year, Ayala-led energy firm ACEN Corporation will also be on its massive-scale capital spending to the tune […]
March 9, 2022

DOE seeks EO to suspend coal import duty

By Myrna M. Velasco – March 8, 2022, 4:14 PM from Manila Bulletin The Department of Energy (DOE) is batting for the issuance of an Executive Order (EO) by President Rodrigo Duterte to suspend the 7.0 percent import duty on […]
March 8, 2022

Aboitiz Power income soars 66% to P20.8 B in 2021

By Myrna M. Velasco – March 7, 2022, 3:35 PM from Manila Bulletin The net income of Aboitiz Power Corporation had soared 66-percent to P20.8 billion last year from P12.6 billion in 2020 on capacity addition of 668 megawatts from […]