Energy & Mining
Apart from IPO, Alternergy mulls over green bonds sale
Renewable energy developer Alternergy Holdings Corp. is considering the sale green bonds as a separate transaction and on top of its initial public offering (IPO) this month.
DOE seeks OSG guidance on voided South China Sea tripartite agreement
The Department of Energy (DOE) is seeking legal guidance from the Office of the Solicitor General (OSG) after the Supreme Court (SC) ruled as unconstitutional the agreement on joint marine seismic undertaking (JMSU) in the West Philippine Sea.
Vivant income falls 10% on lower power sales contribution
Vivant Corp. said its income last year fell 10 percent to P1.6 billion from the previous year’s P1.77 billion even though its power business continued to drive the company’s profits.
ACEN acquires 8 wind power projects in Texas
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.
NPC proposes P5B sovereign guaranteed credit line for SPUG
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).
