Monday, 23 June 2025
1 hour ago
AlphaPrimus brokers $120-M cross-border deal between CREC, Pertamina
The acquisition represents Pertamina Group’s first investment in the Philippines, conducted through its subsidiary, Pertamina New & Renewable Energy. It also constitutes the first overseas investment approved by Danantara, Indonesia’s sovereign wealth fund established to promote strategic global expansion.
13 Jun 2025
7:02PM
Globe steps up green shift, powers more sites with renewable energy
Globe Telecom has ramped up its climate action efforts by expanding its use of clean energy to power 33 high-energy utilization sites — marking a significant milestone with the company’s first-ever batch of renewable energy-powered sites in Mindanao.
9 Jun 2025
12:54PM
Saavedra’s CREIT expands assets to drive ‘significant income acceleration’
Tycoon Edgar Saavedra’s Citicore Energy REIT (CREIT) is aggressively expanding its land portfolio to support renewable energy, aiming to deliver stronger returns for investors.
4 Jun 2025
11:47AM
ACEN powers up Cagayan with 133-MW solar farm, lights up 45,000 homes
Ayala-led ACEN Corp. has energized its newest solar project in Lal-lo, Cagayan, delivering 133 megawatts of clean energy to the Luzon grid.
3 Jun 2025
12:00PM
MPower drives Allegro’s transition to 100% renewable energy ahead of target
MPower, the local retail electricity supplier of Manila Electric Co. (Meralco), and Allegro Microsystems Philippines Inc. have renewed their partnership, enabling the semiconductor firm to transition fully to renewable energy ahead of its 2030 target.
2 Jun 2025
11:58AM
Megaworld’s commercial group goes fully green: 54 properties now run on 100% clean energy
Tycoon Kevin Tan-led Megaworld Corp. has flipped the switch on its green energy transition, becoming the largest Philippine property firm to fully power its commercial portfolio with 100 percent renewable energy.
28 May 2025
7:47PM
First mover: Ayala-backed ACEN takes 25% stake in Danish giant CIP’s 1,000-MW offshore wind project
The Ayala Group-backed ACEN Corp. is taking the lead in the Philippines’ clean power sector as it sealed a landmark deal with Copenhagen Infrastructure Partners (CIP) to acquire a 25-percent stake in the country’s largest offshore wind project.
20 May 2025
10:30AM
Saavedra’s Citicore profit climbs 8% to P230M in Q1 2025 as revenue jumps on strong power sales
Tycoon Edgar Saavedra’s Citicore Renewable Energy Corp. (CREC) saw its net income climb 8 percent to P230 million in the first quarter of 2025, up from P213 million last year, as revenues jumped 41 percent to P1.4 billion.
15 May 2025
3:00PM
MSpectrum, Landers strengthen green partnership with new solar projects
Under the latest collaboration, MSpectrum will install a 600-kilowatt peak (kWp) solar rooftop system at Landers Cebu, projected to generate 960,000 kilowatt-hours (kWh) of renewable energy annually.
Advertisement
