Energy & Mining

MGen plans P18B renewable energy investments

Meralco PowerGen Corp. has committed to invest at least P18 billion to build a renewable energy portfolio that is in line with the sustainability...

Davao Light keeps 2024 capex at P2.4B as push for underground cabling continues

Davao Light and Power Co. Inc. projects spending P2.4 billion as capital expenditure next year, prospectively as much as it does this year, in pursuit...

ACEN guarantees P600 million borrowing on solar farm unit Montesol

ACEN Corp., the renewable energy arm of the Ayala Group, said Friday that together with its subsidiary Visayas Renewable Corp., it will guarantee a...

EEI diversifies into EV charging business; takes 40% stake in JV

EEI Corp., a listed Philippine construction group, said Friday it is venturing into the promising electric vehicle industry through an investment in the EV...

PNOC drafts P2.2 billion spending plan to support 2024 long-horizon projects

State-owned Philippine National Oil Co. (PNOC) is proposing a P2.2 billion spending program in 2024 in pursuit of key projects highlighted by an offshore...

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