August 16, 2023

PetroEnergy reported P591-million profit in first half

By Alena Mae S. Flores – August 15, 2023, 8:40 pm from manilastandard.net PetroEnergy Resources Corp. of the Yuchengo Group said Tuesday first-half consolidated net income increased 17 percent to P591 million from P506 million a year ago on high […]
February 24, 2023

PetroWind secures P1.8-billion loan from DBP

By Alena Mae S. Flores – February 23, 2023, 6:45 pm from manilastandard.net PetroWind Energy Inc. of the Yuchengco Group said Thursday it signed a P1.8-billion loan agreement with state-run Development Bank of the Philippines for the 13.2-megawatt Nabas-2 wind […]
February 3, 2023

Aboitiz, Yuchengco units seal RE deal

BY LENIE LECTURA – FEBRUARY 3, 2023 from Business Mirror SN Aboitiz Power Group (SNAP) said Thursday it will source a total of 47.5 megawatts (MW) of renewable energy (RE) from two Yuchengco-led RE producers to service the growing customers […]
November 23, 2022

Shell, Alternergy to explore PHL offshore wind potential

BY LENIE LECTURA – NOVEMBER 23, 2022 from Business Mirror Alternergy Holdings Corp., through its wholly-owned subsidiary Pililla AVC Corp., and Shell Overseas 1 Investment B. V. (Shell) announced Tuesday their partnership to jointly explore offshore wind potential in the […]