Energy & Mining
ACEN secures P34.41B Loan for Quezon-Laguna wind farm
ACE Corp., the renewable energy arm of the Ayala Group, announced that its subsidiary, GIGA ACE 6 Inc., has secured a loan of up to P34.41 billion to finance its 344.5-megawatt onshore wind power project, which spans towns in Quezon and Laguna.
EGCO secures 15-year PSA for Quezon Power
Electricity Generating Public Co. (EGCO), a Thai energy company, has secured a 15-year power supply agreement (PSA) of 400 megawatts (MW) for its coal-fired Quezon Power plant in Mauban, Quezon.
Regulators collaborate in boosting power genco compliance with listing rules
The Energy Regulatory Commission (ERC) has renewed close coordination with the Securities and Exchange Commission (SEC) in boosting power generation company (genco) compliance to mandatory listing rules that at the moment seems to have been loosely observed.
USD80M financing strengthens solar and battery storage projects in Southeast Asia
Pentagreen Capital and British International Investment (BII) have teamed up in a joint USD80 million financing initiative aimed at accelerating the rollout of utility-scale solar and battery storage projects across Southeast Asia, with a focus on the Philippines.
MPower renews supply deal with Araneta Group
Meralco retail electricity supply arm MPower has renewed its power supply agreement with the Araneta Group, marking the continuation of an 11-year partnership with ACI Inc.
