Industrial - Headlines and Updates

AboitizPower’s Therma Mobile will mothball two power barges due to technical and commercial challenges, with a planned return in 2027.

ACR raises P1.6B via commercial papers to expand renewable and baseload power in Mindanao while entering the Visayas market.

A $3.3B LNG partnership by Meralco, Aboitiz, and San Miguel aims to improve the Philippines' power supply with new gas facilities.

Maharlika Investment Corporation buys into SGP, securing NGCP board seats to enhance the country’s power grid security and governance.

SCC reports a 31% nine-month income drop and an 8% Q3 decline, with revenue up 10% on higher coal and power sales volumes.

ACEN and ib vogt partner to launch a 70MW solar project in Bangladesh, marking a major step in their Asia-Pacific renewable energy expansion.

Pryce Corp’s net income rises 40% in 2024, with LPG contributing 93.77% of total revenues. Learn more about its financial growth.