July 27, 2019

Phinma Energy relinquishes stake in Mabini Geothermal

By Danessa Rivera – July 27, 2019 – 12:00am from The Philippine Star MANILA, Philippines — Phinma Energy Corp. is relinquishing its participating stake in the Mabini Geothermal Service Contract (GSC) to its partner Basic Energy Corp. (BEC), a year […]
July 25, 2019

Phinma set to increase capital base to P24.4b

By Alena Mae S. Flores – July 24, 2019 at 07:25 pm from manilastandard.net Phinma Energy Corp., which will be renamed AC Energy Philippines Inc., said Wednesday it will increase its capital stock to P24.4 billion to finance planned investments […]
June 25, 2019

AC Energy completes purchase of 51.48% stake in Phinma Energy

By Lenie Lectura – June 25, 2019 from Business Mirror AC Energy Inc., the energy platform of Ayala Corp., has completed the acquisition of Phinma Inc.’s and Phinma Corp.’s (PHN) combined 51.48-percent stake in Phinma Energy Corp. (PHEN). “We are […]
June 24, 2019

ERC’s immediate action sought on 7 expired RES licenses

By Myrna M. Velasco – June 22, 2019, 10:00 PM from Manila Bulletin A very prompt action of the Energy Regulatory Commission (ERC) is being sought on at least seven (7) retail electricity supplier (RES) licenses that already expired – […]