Energy & Mining
SPNEC acquires first batch of 17 solar power firms
Publicly-listed SP New Energy Corp. (SPNEC) has acquired from its parent an initial batch of solar power companies with combined generating output of 150...
First Gen unit submits highest bid for Casecnan Hydroelectric Plant
First Gen Corp., a listed power company of the Lopez group, said Wednesday that its wholly-owned subsidiary Fresh River Lakes Corp. was declared “as...
$600M fresh investments committed under Malampaya contract extension
The Malampaya consortium led by Prime Energy Resources Development B.V. has programmed initial investments of $600 million under the recently renewed Service Contract (SC) 38.
Energy...
PERC unit acquiring solar development projects in Luzon
PetroGreen Energy Corp. (PGEC), the renewable energy arm of listed firm PetroEnergy Resources Corp. (PERC), is acquiring solar projects in Luzon.
Louie Mark Limcolioc, PGEC...
Mindanao facilities power Alsons 1Q income 67 percent higher
Listed investment holding firm Alsons Consolidated Resources Inc. (ACR) credited its power generation business in Mindanao to the 67 percent rise in net income...
