Energy & Utilities - Headlines and Updates

Headlines and updates for the stock sector under Energy & Utilities
Semirara 2024 Nine-Month Income Declines 31% Amidst Coal Prices and Costs Pressure
SCC reports a 31% nine-month income drop and an 8% Q3 decline, with revenue up 10% on higher coal and power sales volumes.
 
AEV Reports 4% Net Income Growth Amid Mixed Sector Performance in 2024
Aboitiz Equity Ventures reports 4% income growth in 9M 2024, led by gains in power and finance; real estate and infra see mixed results.
 
ACEN and ib vogt’s Asia Expansion Begins with 70MW Bangladesh Solar Project
ACEN and ib vogt partner to launch a 70MW solar project in Bangladesh, marking a major step in their Asia-Pacific renewable energy expansion.
 
Manila Water Sells Bulacan Water Utilities to SMC for PHP1.02 Billion
Manila Water completes PHP1.02B divestment of Bulacan water utilities BWCI and OWCI to SMC Bulacan for strategic growth
 
Citicore 375 MW Wind Projects Take Off with Levanta Partnership
Citicore and Levanta join forces to develop 375 MW of wind energy across Luzon and Visayas, a key step for renewable energy in the Philippines
 
SPNEC Powers Up with Php8.9 Billion Investment in Terra Solar and Terra Nueva
SPNEC boosts its solar energy vision with a Php8.93B investment in Terra Solar and Terra Nueva for a groundbreaking renewable project
 
PLDT, Meralco, and MPIC Boost Stakes in DigiCo as Digital Payments Business Expands
PLDT, Meralco, MPIC expand into digital payments via DigiCo's acquisition of Bayad and Multipay. Ownership structure realigned.
 
 
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