PSE OKs Raslag IPO
- May 18, 2022
The Philippine Stock Exchange (PSE) has approved the initial public offering (IPO) application of Raslag Corporation, which will be listed under the symbol ASLAG on June 6. The Pampanga-based solar power producer
The Philippine Stock Exchange (PSE) has approved the initial public offering (IPO) application of Raslag Corporation, which will be listed under the symbol ASLAG on June 6. The Pampanga-based solar power producer
Citicore Energy REIT Corporation’s (CREIT) net income for the first quarter of 2022 soared to Php300 million, over ten times the Php24 million posted in the same period last year. The jump
Lopez-led First Gen Corporation recorded a recurring net income of Php3 billion ($59 million) in the first quarter of 2022, a 25.1% decline from the Php3.8 billion ($78 million) posted in the
Ayala-led ACEN announced that it has partnered with Jakarta-based Puri Usaha Group to develop large-scale solar power plants, battery energy storage systems, and green hydrogen projects in Indonesia. The joint venture (JV),
The Manila Electric Company (MERALCO) has begun negotiations with Terra Solar Philippines for the supply of 850 megawatts (MW) of renewable energy (RE) supply after the second round of the competitive selection
Security Bank said it will stop funding new coal projects by 2033 in support of the government’s commitments to reduce greenhouse gas emissions. The country’s seventh largest bank said that it will
An energy advocacy coalition has challenged the incoming administration to establish mechanisms to help accelerate the country’s energy transition and to commit to “ambitious climate goals.” This comes as Withdraw from Coal
SMC Global Power Holdings, the power arm of San Miguel Corporation (SMC), has secured clearance from its Board of Directors to raise up to Php60 billion worth of bonds. In a disclosure
Citicore Energy Solutions Inc. (CESI), the retail arm of Citicore Renewable Energy Corporation (CREC), has renewed five of its power supply contracts with its clients that are all expiring this year. The
Aboitiz Power Corporation will be developing 721 megawatts (MW) in renewable energy (RE) projects over the next three years as part of its growth strategy for the next decade. Among the projects