AYALA-LED energy company ACEN Corp. said it plans to raise up to P30 billion through a stock rights offering (SRO) to pay off debt and fund its renewable energy (RE) projects.
Laguna Water and Laguna Aquatech (LARC), Manila Water non-east zone operating units in Laguna province, transitioned to the electricity Retail Aggregation Program (RAP), marking the first implementation of this initiative outside Metro Manila.
MERALCO PowerGen Corp. (MGen), the power generation unit of Manila Electric Co. (Meralco), said the Department of Energy (DoE) has recalled its previous approval that exempted the company’s 1,200-megawatt (MW) Atimonan coal-fired power projects from the 2020 coal moratorium.
Sanyo Denki Philippines Inc., a subsidiary of Japanese multinational firm Sanyo Denki Co. Ltd., tapped First Gen Corp. to supply 100-percent renewable energy (RE) to its manufacturing facilities at the Subic Bay Freeport Zone in Zambales.
MANILA, Philippines — Ayala-led ACEN Corp. is returning to the capital market this year to raise up to P30 billion in fresh funds to further beef up its growth and expansion.
ENEX Energy Corporation, an Ayala-led ACEN Corporation subsidiary, is actively working to unlock the full potential of its two key assets: a clean energy power plant in Batangas and an offshore oil and gas project in the West Philippine Sea.
The Global Wind Energy Council’s newly released Global Wind Report 2025 urged readiness of grid and port infrastructure to ensure the successful integration of large-scale wind energy, particularly offshore projects in the Philippines.
MERALCO PowerGen Corp. (MGen), the power generation unit of Manila Electric Co. (Meralco), said the Department of Energy (DoE) has withdrawn its previous approval that exempted the company’s 1,273-megawatt (MW) coal-fired power projects from the 2020 coal moratorium.
SECURING reliable and efficient power supply for the Philippines means finding the right technologies suited to the country’s demand, energy experts said.
MANILA, Philippines — Pangilinan-led Meralco PowerGen Corp. (MGen) has secured confirmation from the Department of Energy (DOE) exempting its two coal-fired power plants from the existing coal moratorium.