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Power projects drive up 9-month investment pledges

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The Board of Investments on Wednesday said it had approved P309.7 billion worth of investments from January to September this year, up by 25 percent from P248.2 billion a year ago.

Posted: October 24th, 2013 in Headlines | Read More »

Alsons explores energy prospects in Indonesia

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Alsons Consolidated Resources Inc. remains keen on exploring energy opportunities in Indonesia, as part of its expansion plans outside Mindanao, where most of its power assets are located.

Posted: May 30th, 2013 in Headlines | Read More »

Alsons sets $1.35B in power projects

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alsons

Alsons Consolidated Resources Inc. (ACR), the publicly listed firm of the Alcantara group of companies, is lining up as much as $1.35 billion in energy projects until 2017 amid booming demand for electricity in Mindanao, where the group’s pipeline will be focused.

Posted: May 27th, 2013 in Latest Business Stories | Read More »

Investors rush to complete renewable energy projects

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Interest in renewable energy projects has remained high with investors racing to complete their power projects, according to an official of the Department of Energy.

Posted: March 11th, 2013 in Headlines | Read More »

Aboitiz Power to invest P85B in energy projects

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Aboitiz Power Corp. is embarking on P85 billion worth of power-generation facilities that will add about 1,500 megawatts to the Luzon and Mindanao grids in four years’ time.

Posted: February 14th, 2013 in Headlines | Read More »

Greenergy to hike capital stock to P5 billion

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greenergy

Greenergy Holdings Inc. has gotten the nod of its board of directors to hike the company’s authorized capital stock to P5 billion from P2 billion to help fund its proposed renewable energy projects.

Posted: November 5th, 2012 in Latest Business Stories | Read More »

Gov’t vows to spend more for energy projects

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The Aquino administration has vowed to boost spending for energy and energy-related projects using the P80-billion Malampaya funds held by the national treasury. In a briefing on Friday, Budget Secretary Florencio Abad admitted that the government had so far drawn only a little more than P4 billion to cover the subsidies extended to specific beneficiaries [...]

Posted: September 30th, 2011 in Headlines | Read More »

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