Energy
Manila Water subsidiaries pioneer power aggregation in Laguna, eyes sustainability gains
Manila Water Co. Inc. on Thursday said that its subsidiaries, Laguna Water and Laguna Aquatech, have successfully transitioned to the electricity Retail Aggregation Program (RAP), marking the program’s first implementation outside Metro Manila.
PXP Energy widens 1Q loss on weaker Galoc output
Oil and gas exploration company PXP Energy Corp. reported a wider net loss for the first quarter of 2025, with losses ballooning to ₱9.2 million, a significant increase from ₱2.6 million in the same period last year.
Sanyo Denki powers shift to full renewable energy with First Gen partnership
Sanyo Denki Philippines, Inc., the local manufacturing arm of Japan’s Sanyo Denki Co. Ltd., has signed a landmark deal with First Gen Corp. to source 100 percent of its electricity from renewable energy (RE), marking a major step in its global sustainability push.
ENEX eyes LNG power project in Batangas
Ayala-led ENEX Energy Corp. reaffirmed its commitment to developing a liquefied natural gas (LNG)-fired power plant in Batangas, but clarified that the project will only proceed upon securing a long-term offtake agreement through a Competitive Selection Process (CSP).
ACEN launches up to P30-B stock rights offer to fuel renewable expansion
ACEN Corp. has secured board approval for a stock rights offering (SRO) that aims to raise up to ₱30 billion, a strategic move to accelerate the company’s renewable energy expansion and manage debt, company executives said on Wednesday.
