Energy & Mining
ACEN acquires Paddak Energy for P12M
ACEN Corp., the renewable energy arm of the Ayala Group, has acquired full ownership of technical operations and maintenance services provider Paddak Energy Corp....
Meralco, KEPCO partner to boost smart metering
Manila Electric Co., the country’s largest power distributor, has tapped Korea Electric Power Corp. to help it promote wider smart meter usage in the Philippines.
Bangsamoro signs agreement boosting renewable energy development
The Department of Energy (DOE) and the Ministry of Environment, Natural Resources, and Energy (MENRE) of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) have signed a transition agreement aimed at advancing the region's renewable energy (RE) agenda.
ACEN acquires stake in BIM Energy, expands renewable projects in Vietnam
ACEN Corp. said on Wednesday that subsidiary ACEN Vietnam Investments Pte. Ltd. (ACEV) has an agreement with Huntington Renewable Investments Ltd. to acquire a 49 percent stake in BIM Energy Holding Corp. (BIMEH), a move aimed at bolstering its renewable energy portfolio in Vietnam.
Meralco affiliate eyes expansion with new natural gas power plant in Singapore
Meralco affiliate MGEN Gas Energy Holdings Inc. (MNatural Gas) is optimistic about winning a contract to build a new 600 megawatt (MW) natural gas-fired power plant in Singapore.
