9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
The Energy Development Corp. (EDC) is borrowing P3.5 billion from the Union Bank of the Philippines to refinance its existing debt. The Lopez-led group disclosed to the stock exchange that it executed
San Miguel Corp.’s power arm conglomerate, SMC Global Power Holdings Corp, is looking to list on the stock exchange by the third quarter of 2017. This is despite the volatility in the
The AC Energy Holdings Inc. is eyeing to expand its presence in Vietnam, its second regional investment following Indonesia. The company is also studying market opportunities in Southeast Asia, AC Energy president
The Quezon City government has granted the consortium Metro Pacific Investment Corporation (MPIC), Covanta Energy, LLC and Macquarie Group, Ltd. original proponent status (OPS) to design, construct, finance, and operate an Integrated
Community mall Water Mart has signed a 4.7 megawatt (MW) power supply contract with Aboitiz Power under the Retail Competition and Open Access (RCOA) scheme. “As we grow our portfolio, we need
Power company Aboitiz Power Corp will be raising P30 billion through the issuance of fixed retail bonds within the year to finance the company’s ongoing and future projects. In a disclosure to the
Aboitiz Equity Ventures (AEV) is intensifying its investments this year as it looks to spend P76.7 billion in capital expenditure (capex) following a positive outlook in the country’s economic growth, especially in
Phinma Energy Corp.’s income jumped 53 percent after surpassing the P1-billion income mark last year from generating higher sales volume and an additional non-recurring income from selling a partial stake in one
Manila Electric Co. (Meralco) is set to launch its Advanced Metering Infrastructure (AMI) project this year as part of its effort to transform its distribution network into a smart grid. The power
Oil company Petron Corporation recorded a 73 percent rise in net profits in 2016 that were fueled by record high sales. Petron said that its net income went up to P10.8 billion
