Alsons Consolidated Resources (ACR), through Alsons Power, will transform its 55-megawatt diesel power plant in Alabel, Sarangani into a 98.7-megawatt solar power facility as part of its renewable energy expansion.
Vena Group has begun construction on two major renewable energy projects in Ilocos Norte, part of its 15-project pipeline, signaling another milestone in the Philippines’ drive to expand clean energy capacity and attract green investments.
Metro Retail Stores Group Inc. (MRSGI), the retail company led by the Gaisano family, reported that its net income nearly doubled in the first quarter of the year to P25.84 million from P13.38 million a year earlier, driven mainly by strong performance in its food retail business.
SteelAsia Manufacturing Corporation has secured a P1.25-billion green loan from Taiwan-based Cathay United Bank, boosting the Philippine steelmaker’s low-carbon expansion plans and reinforcing regional sustainable finance momentum.