Philippines

AC Energy inks $115.63m acquisition deal for PHINMA Energy

It bought a 51.48% stake in PHEN for $65.44m and subscribed to its shares worth $50.62m.

AC Energy inks $115.63m acquisition deal for PHINMA Energy

It bought a 51.48% stake in PHEN for $65.44m and subscribed to its shares worth $50.62m.

AC Energy raises $410m from maiden green bonds

The newest investment comes from the World Bank's IFC $75m injection to anchor a $300m tranche.

KEPCO eyes 1,000MW coal plant in the Philippines

The project cost is estimated to hit $1.83b.

Philippines' AC Energy launches $225m maiden green bonds

The bonds, priced at $99.45, have a five-year tenor and 4.75% per annum coupon.

Philippines' AC Energy buys 51.48% stake in PHINMA Energy for $65.44m

The two started a partnership for a 244MW coal power plant in 2011.

Philippines changes standards for ‘consumer representative' in bidding process

It required the intermediary to have knowledge of competitive public bidding.

EU and the Philippines ink seven clean energy contacts

The official launch of the seven projects is scheduled in January 2019.

KEPCO's acquisition of 38% stake in Solar Philippines firm gets approved

This will mark Kepco Philippines's first entry into the country's renewables sector.

Philippines inks renewables development deal with Palawan

It will support localised planning for the use of renewables on the island.

Meralco expects electricity demand growth to hit 4.5%

But factors like higher inflation, interest rates, and increased rooftop solar adoption threaten to slow down consumption.

Philippines biogas facility to produce 50,000MWh energy from fruit waste

Metro Pacific Investments inked a deal with Dole Philippines for the $19.05m project.

UN-backed Green Climate Fund pledges in 2014 have yet to reach Philippines

The country is eligible to tap into $10.3b of pledged financing.

AC Energy and The Blue Circle to co-develop 1,500MW wind projects in SEA

AC Energy bought a 25% stake and co-investment rights in the company.

Philippines' MGen eyes 1GW renewables output

It wants solar to drive this renewables output.

Revival of 620MW nuclear power plant gets support from Philippine officials

A plant revival could help lower electricity costs in the country, officials said.

Independent entity takes over Philippine electricity spot market

The former operator was required to sell itself of this function in favour of an independent entity.