ACEN Corp., the listed energy arm of Ayala Group, said it acquired a portfolio of eight operating wind projects in Texas, U.S.A. through its joint-venture company, UPC Power Solutions LLC.
Energy officials look to the local debt market for relief and find a P5 billion credit line quickly to underwrite the financing requirements of the Small Power Utilities Group (SPUG) operated by the National Power Corporation (NPC).
The Bureau of Fisheries and Aquatic Resources (BFAR) on Thursday assured the public of adequate fish supply as the approaching Lenten holidays typically boosts demand and cause prices to spike.
Industry stakeholders on Thursday said government efforts to sell rice at P25 per kilo through state-run Kadiwa rolling stores might be long on intention but warned that such are unsustainable in the long run.
Travellers International Hotel Group Inc., led by businessman Andrew Tan, will invest an additional $300 million to $450 million to complete the Westside City integrated resort and casino in Entertainment City, Parañaque.
The Securities and Exchange Commission (SEC) has broadened the scope of its One Day Submission and Electronic Registration of Companies (OneSEC) platform to allow registration of corporations with foreign equity, as part of ongoing efforts to enhance regulatory efficiency and improve the business climate.
The Manila Electric Co., the country’s largest power distributor that serves Metro Manila and parts of neighboring provinces, said Wednesday that power rate in September will be lower by P0.1852 per kiloWatt-hour due largely to lower generation costs.
The Manila Water Foundation, Metrobank Foundation, Zuellig Family Foundation, and local government partners launched a new water system in Barangay Bohelebung, Tipo-Tipo, Basilan.