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ACEN secures P34.41B Loan for Quezon-Laguna wind farm

Energy & Mining Context.ph Context.ph -
ACE Corp., the renewable energy arm of the Ayala Group, announced that its subsidiary, GIGA ACE 6 Inc., has secured a loan of up to P34.41 billion to finance its 344.5-megawatt onshore wind power project, which spans towns in Quezon and Laguna.
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CREC profit rises 14% on refinancing gains

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Citicore Renewable Energy Corporation (CREC) posted a 14 percent increase in net income to P1.15 billion in 2025, driven by lower financing costs, rising service revenues, and steady electricity sales, highlighting improved profitability as the company expands its renewable portfolio.

BIR fast-tracks PNOC fuel imports amid crisis

Energy & Mining 0
The Bureau of Internal Revenue (BIR) has expedited the emergency importation of petroleum products by PNOC Exploration Corporation (PNOC-EC), issuing a special permit through its Large Taxpayers Service (LTS) to accelerate the transaction under a declared energy emergency.

Fuel prices surge again; diesel jumps over P12, gas hikes continue

Energy & Mining 0
Fuel prices will increase again on Tuesday, March 31, as global oil costs remain high under the ongoing conflict in the Middle East.

OGP says Didipio mine life extended to 2037

Energy & Mining 0
OceanaGold (Philippines) Inc. (OGP) said its updated technical reports show that the Didipio gold and copper mine will operate until 2037.

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