April 12, 2022

ACEN finalizes loan deal with banks

BY LENIE LECTURA – APRIL 11, 2022 from Business Mirror AC ENERGY Corp. (ACEN) has finalized an amended and restated omnibus loan and security agreement for its wholly-owned subsidiary, South Luzon Thermal Energy Corp. (SLTEC), with the Bank of Philippine […]
March 31, 2022

ERC probes simultaneous power plant shutdowns

By Myrna M. Velasco – March 30, 2022, 2:12 PM from Manila Bulletin Eagle-eyed Energy Regulatory Commission (ERC) has stepped up investigation on the simultaneous unplanned shutdowns of habitually-delinquent power plants that plunged Luzon grid anew into “yellow alert” condition […]
March 15, 2022

Diesel power plants dominate DoE’s endorsements to ERC

By Marielle C. Lucenio – March 13, 2022 | 7:44 pm from Business World POWER PLANTS endorsed to the regulatory commission for five-year operating permits included 12 diesel-powered facilities out of 17 overall, according to a list posted to the […]
November 27, 2021

ACEN removes oil exploration, mining from primary purpose

By Danessa Rivera – November 26, 2021 | 12:00am from The Philippine Star MANILA, Philippines — AC Energy Corp. (ACEN) is removing oil exploration and mining in its primary and secondary purposes in line with the company’s goal to achieve […]