Philippines

The projects represent $2.5b in prospective investment.

Commercial operations will commence in 2028.

The takeover involves the acquisition of the plant’s assets.

The majority of the additional capacity came from 12 renewable energy plants.

This has a generation capacity that can energise 54,000 homes.

This move is seen to bring more sustainable energy supply.

Two ports were identified for rollout.

The company demonstrated how sustainable wastewater treatment can safeguard coastal waters, integrating solar power and recycled water use into environmental management.

Blame it on expansion costs and lower oil prices.

The project will be delivered in 2028.

Revenues increased during the period, thanks to its growing customer base.

The projects affected include an interim offshore LNG terminal.

This will be operational in 2026.

This technology offers long-duration storage for the country.

Hydro earnings rose on higher output, whilst FGEN LNG stayed profitable.

The government eyes the formation of a committee to fuel collaboration and accountability.