The Philippine Competition Commission (PCC) has cleared the planned energy deal with First Gen Corp., giving the power firms the regulatory go-ahead to form...
First Gen Corp., the listed power generation arm of the Lopez Group, has finalized a deal to sell a 60 percent stake in its Batangas-based natural gas businesses to Prime Infrastructure Capital Inc., owned by tycoon Enrique Razon.
Prime Infrastructure Capital Corp. (Prime Infra) affirmed the assured completion of its 2,000 MW pumped storage hydro (PSH) projects awarded under the Department of Energy’s (DOE) third Green Energy Auction (GEA3), representing nearly one-third of the 6,680.887 MW capacity offered.
First Gen Corp., the power generation arm of the Lopez Group, said it expects to finalize within two to three months a deal to sell a 60 percent stake in its natural gas business to Prime Infrastructure Capital Inc., owned by billionaire Enrique Razon Jr.
A Filipino-Australian soldier taking part in Exercise Balikatan 2026 in Palawan shared his pride in returning to the Philippines while serving with the Australian Defence Force.
Commuters using the LRT-1 can now enjoy a cooler waiting area, as Light Rail Manila Corporation (LRMC) has opened a new air-conditioned passenger lounge at the Baclaran Station (northbound).
Aboitiz InfraCapital, Inc. (AIC) has begun initial reconfiguration works at Bohol-Panglao International Airport (BPIA) as part of a phased plan to improve operations and passenger experience.
BDO Unibank, Inc. on Friday reported a net income of ₱20.1 billion in the first quarter of 2026, up 2 percent from ₱19.7 billion a year earlier, driven by steady performance across its core businesses.