Energy & Mining
PSALM appoints ADB as advisor in CBK hydro plant privatization
The government has awarded the Asian Development Bank (ADB) the contract as transaction advisor to the Philippines Power Sector Assets and Liabilities Management Corp. (PSALM) to privatize the Caliraya–Botocan–Kalayaan (CBK) hydroelectric power plant complex in Laguna.
Gasoline sells higher beginning Tuesday
The various fuel retailers have increased the per liter price of their gasoline at the pumps beginning midnight Tuesday, 17 October this year.
ACEN secures P5B term loan from Metrobank
ACEN Corp. has secured a loan for P5 billion for general corporate purposes, including but not limited to capital expenditures in pursuing additional renewable energy (RE) projects.
SPNEC preparing to boost free float level to 20%
SP New Energy Corp. is preparing to submit the plan to increase its public ownership to at least 20 percent as compliance to requirements set by the Philippine Stock Exchange.
Fil-Swiss joint venture partners with European investor in offshore wind projects
The Filipino-Swiss Triconti Windkraft Group has partnered with Sea Wind Holdings AG based in Liechtenstein to pursue a 1,500-megawatt (MW) offshore wind project in the Philippines.
