Philippines
CREIT’s net income up 2% in 2024
CREIT’s net income up 2% in 2024
Thanks to its strong guaranteed base lease, supported by 2023 acquisitions.
1 day ago
PH’s Linseed Field LNG terminal resumes operations
However, another facility remains to face delays.
1 day ago
ACEN inks $601.15m loan for onshore wind project
The credit will partially fund a 344.5 MW project in the Philippines.
1 day ago
Nexif Ratch bags pre-development ECC for 500 MW wind project in PH
This development paves the way for crucial activities to kick off construction.
2 days ago
Actis closes $600 million Terra Solar investment
This is in line with a subscription agreement signed last year.
First Gen’s recurring net income down 12% in 2024
Blame it on lower revenues coupled with higher expenses.
Basic Energy secures certificate of authority for Mariveles solar plant
This allows the company to start procurement.
Acciona Energía breaks ground for PH solar plant
Production will commence next year.
MGreen’s IPO being evaluated: Meralco
Assets may be injected into SPNEC.
Philippines releases TOR for Green Energy Auction 4
This round eyes new capacity from solar and onshore wind projects.
ACEN’s net income up 27% in 2024
Thanks to new renewable plants operationalised last year.
Aboitiz Power sees 2% income gain in 2024
Core net income also grew 5%.
KEPCO reaffirms commitment to PH energy sector
The company currently operates a 200-megawatt coal-fired plant.
Philippines and Korea launch energy knowledge sharing programme
This will focus on renewable energy integration and grid modernisation, amongst others.
Meralco’s core income jumps over 20% in 2024
Last year’s profit exceeded the full-year PHP43b guidance.
Aboitiz Power unit to decommission Naga oil-fired plant
This will be effective next month.
SN Aboitiz Power bags funding for 56 MW of battery storage projects
This covers two projects in Isabela and Benguet.
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Navigating risk strategies for decommissioning traditional power plants