AboitizPower 2Q income more than doubles
- July 29, 2021
Aboitiz Power Corporation recorded a consolidated net income of Php4 billion for the second quarter of 2021, 136% higher than the Php1.7 billion it got in the corresponding period in 2020. In
Aboitiz Power Corporation recorded a consolidated net income of Php4 billion for the second quarter of 2021, 136% higher than the Php1.7 billion it got in the corresponding period in 2020. In
Dennis Uy-led Phoenix Petroleum proceeded to build up its balance sheet after it settled Php3 billion in commercial papers (CP) on Monday. In a disclosure to the Philippine Stock Exchange on Tuesday,
Petron Corporation, the country’s largest oil firm, has resumed operations of its 180,000-barrel per day refinery in Limay, Bataan after nearly four months. Based on a BusinessMirror report, Petron President and CEO
The three hydroelectric power plants of Aboitiz Power Corporation subsidiary Hedcor in Bakun, Benguet were forcibly shut down on Wednesday by the local government unit (LGU) despite the Department of Energy’s (DOE)
PXP Energy, through its subsidiary Pitkin Petroleum Peru Z-38 SRL, said that it will likely terminate its license contract with Australian partner KEI (Peru Z-38) Pty. Ltd. Sucursal del Peru for its
AC Energy (ACEN) is lending up to Php1 billion to Solar Philippines to finance its various land acquisitions for its solar power projects. In a disclosure to the Philippine Stock Exchange on
Three run-of-river hydropower plants of Aboitiz Power Corporation subsidiary Hedcor in Bakun, Benguet were ordered to stop operations following a cease and desist order (CDO) issued on Tuesday by the National Commission on
Cebu-based Vivant Energy Corporation will be investing around Php5 billion for expansion projects to be finalized until 2023, targeting both renewable energy (RE) and conventional power technologies. Vivant President Arlo Sarmiento noted
Negros Island Biomass Holdings (NIBH), a joint venture between AC Energy and the Zabaleta group, has signed binding agreements to divest its shareholdings in three biomass-fired power plants in Negros Occidental. NIBH
Ayala-led AC Energy (ACEN) is investing Php415 million in one of its subsidiaries to acquire potential project sites, otherwise known as landbanking. In a disclosure to the Philippine Stock Exchange on Wednesday,