February 20, 2020

PCC approves Ayala unit, PINAI share purchase deal

By Lenie Lectura -February 20, 2020 from Business Mirror The Philippine Competition Commission (PCC) has approved AC Energy Philippines’s (ACEPH) takeover of the Philippine Investment Alliance for Infrastructure’s (PINAI) solar farm in Negros Occidental. ACEPH said on Wednesday that it […]
February 20, 2020

Ayala Group secures bigger stake in West Palawan offshore contract

By Danessa Rivera – February 19, 2020 – 12:00am from The Philippine Star MANILA, Philippines — ACE Enexor Inc. (formerly Phima Petroleum and Geothermal Inc.) has secured a bigger stake in service contract (SC)  55 offshore west Palawan after one […]
February 20, 2020

Aboitiz explores options for Batangas biomass plant

By Danessa Rivera – February 17, 2020 – 12:00am From The Philippine Star MANILA, Philippines — Aboitiz Power Corp. is exploring other options for the planned sale its 8.8-megawatt (MW) biomass power plant assets in Lian, Batangas as its year-end […]
February 19, 2020

PSALM sees DOF okay for ADB role in hydropower privatization

By Lenie Lectura – February 19, 2020 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) is expecting within the month the Department of Finance’s go-ahead for its plan to tap the services of Asian Development Bank […]