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CREC listing fuels 5-GW green energy target by 2028

The Megawide Group of tycoon Edgar Saavedra listed its third company on the Philippine Stock Exchange (PSE) yesterday, raising P5.3 billion to boost a five-gigawatt (GW)green energy target by 2028......»»

Category: newsSource: philstar philstarJun 8th, 2024

Citicore Renewable Energy IPO scheduled for May 31

Citicore Renewable Energy Corporation [CREC 3.88 pre-IPO] [link], the parent company of Citicore Energy REIT [CREIT 2.85 unch; 37% avgVol], has scheduled its IPO for May 31 after postponing its listing due to market conditions and negotiating a P5 billion stock sale of CREIT shares to the SM Investments [SM 975.00 ?0.5%; 156% avgVol] group......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

DOE slates 3rd round of Green Energy Auction

Another round of the Green Energy Auction will be conducted this year as part of the country’s utilization of renewable energy resources and attainment of energy security and reliability, the Department of Energy said......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

The challenges and opportunities of listing bonds in the Philippines

It is definitely much easier for Philippine Stock Exchange-listed companies to list on the bond exchange, because the internal corporate clean-up and housekeeping that companies undergo before listing on the PSE already suffice as prerequisites to listing on the bond exchange. Similarly, the public disclosures made by PSE-listed entities already satisfy the PDex-imposed requirements before a company can list on the bond exchange......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

UGEP targets up to 700 MW of solar projects by 2028

Solar energy solutions provider Upgrade Energy Philippines is embarking on an aggressive target of installing up to 700 megawatts of solar projects by 2028......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

CREC targets market debut in May

Citicore Renewable Energy Corp. is pushing through with its public listing in the second quarter, but has downsized the planned initial public offering by about P5 billion......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Urbanization fuels high demand for furniture

Urbanization fuels high demand for furniture.....»»

Category: newsSource:  sunstarRelated NewsMar 26th, 2024

Raffy Tulfo walang balak tumakbo sa pagkapresidente sa 2028

WALA raw plano si Senator Raffy Tulfo na tumakbo sa pagkapangulo sa darating na 2028 national elections. Sa kanyang panayam sa sa “Headstart” sa ANC nitong Huwebes, May 9, sinabi niya na nae-enjoy niya ngayon ang kanyang trabaho bilang senador. “Wala sa utak ko ang pagtakbo as president sa 2028. Naka-focus ako ngayon sa Senado......»»

Category: newsSource:  inquirerRelated NewsMay 10th, 2024

Sara, Robin sa 2028 namumuro

Si Senador Robin Padilla ang itatambal kay Vice President Sara Duterte sa 2028 presidential elections sakaling umatras si dating Pangulong Rodrigo Duterte na maging running mate ang anak, ayon kay dating Chief Presidential Legal Counsel Salvador Panelo. The post Sara, Robin sa 2028 namumuro first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 4th, 2024

Sara tagilid kay Raffy sa 2028 eleksiyon

Mahihirapan si Vice President Sara Duterte na talunin sa 2028 presidential elections si Senador Raffy Tulfo, ayon sa political analyst na si Ronald Llamas. The post Sara tagilid kay Raffy sa 2028 eleksiyon first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 1st, 2024

ACEN attains 5-GW renewable energy goal ahead of target

It is mission accomplished for ACEN Corp., the listed energy platform of the Ayala group, having achieved its five gigawatts (GW) of renewable energy capacity target a year ahead of schedule......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2024

CREC earmarks P35 billion capex for RE projects

Citicore Renewable Energy Corp. is allocating P35 billion for capital expenditures this year as it continues to bolster its renewable energy portfolio......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

OceanaGold listing moved to May 13

OceanaGold (Philippines) Inc. moved its stock market debut by six days to May 13 from its original plan of May 7 after the Philippine Stock Exchange (PSE) board approved the miner’s P7.88 billion listing recently......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

Hotel101 moves one step closer to NASDAQ SPAC listing

Hotel101, the global “condotel” subsidiary of Injap Sia’s Double Dragon, announced that it signed a definitive merger agreement with the British Virgin Island-registered JBSPAC Acquisition Corp., with the intent of listing the merged entity on the NASDAQ stock exchange under the symbol “HBNB”......»»

Category: financeSource:  philstarRelated NewsApr 12th, 2024

DoubleDragon unit Hotel101 Global readies US listing

Hotel101 Global Pte. Ltd., the Singapore-headquartered subsidiary of DoubleDragon Corp., has firmed up its planned listing in the United States through a merger with a special purpose acquisition company JVSPAC Acquisition Corp......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

MVP: Tollways listing still possible this year

Tycoon Manuel V. Pangilinan is hoping there would be no delays in the planned listing of a mega tollways joint venture company with San Miguel Corp.......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

10 offshore wind projects to generate power by 2028

At least 10 offshore wind projects with 6.72-gigawatt (GW) capacity are expected to generate power by 2028, according to Energy Undersecretary Rowena Cristina Guevara......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Philippines, Indonesia seek to strengthen cooperation for energy security

MANILA, Jan. 10 (Xinhua) -- The Philippines and Indonesia on Wednesday agreed to strengthen energy cooperation to safeguard energy security. Energy ministers of the two countries signed a memorandum of understanding (MOU) on energy cooperation at the presidential palace in Manila, where Indonesian President Joko Widodo was received by his Philippine counterpart Ferdinand Romualdez Marcos. Widodo arrived i.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

The PSE’s first IPO might be delayed until next quarter

A report from Iris Gonzales of The Philippine Star said that the Citicore Renewable Energy Corp. IPO might be moved from late March to sometime in Q2 to be more “in line with the expected lowering of interest rates” and to give CREC more time to “complete some remaining regulatory requirements”......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

CREC likely to move IPO to Q2

The planned initial public offering of Citicore Renewable Energy Corp., potentially the first IPO of 2024, may be moved to the second quarter of the year in line with the expected lowering of interest rates by then......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

PSE approves CREC IPO

The Philippine Stock Exchange Inc. has approved the initial public offering of Citicore Renewable Energy Corp., the first for this year......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024