IPP

AboitizPower net income climbs by 32% in 2022

Its net income stood at P27.5b (US$497.7b).

ACEN net income reaches US$236m in 2022

This is up from US$94.9m in 2021.

Tata Power’s RE arm secures $525m investment

The completion of the equity infusion will support TPREL’s growth plans.

ACWA Power more than doubles net profit in 2022

Its consolidated net profit amounted to SAR1.54b (US$410.6m). 

TNB profit down by 8% YoY to $793.4m in 2022

This is due to the higher taxes paid during the period.

PGE goes public on Indonesia Stock Exchange

It was able to raise around $593.5m in its initial public offering.

Genesis Energy net profit up 72% YoY in FY23

The number of its customers increased by over 10,000.

AboitizPower, EPI closes power supply deal

EPI will be providing solar power capacity to AboitizPower’s retail electricity companies.

AboitizPower leads PH-Japan Consortium to explore renewable energy development

The consortium includes Kawasaki Heavy Industries, IKS, and Amber Kinetics. 

ReNew cuts loss to $49m in Q3 FY23

Its portfolio as of 31 December 2022 is at 13.4 GW.

ReNew Power rebrands to ReNew

The company is transitioning from pure renewable IPP to an end-to-end provider of solutions.

AboitizPower, JERA partner to explore greener fuels in the Philippines

The two companies will be assessing the feasibility of ammonia co-fired power generation. 

Philippines’ SPNEC to complete stock rights offering for share-swap deal

This will enable its share swap agreement with Solar Philippines Power Project Holdings, Inc. (SP). 

AGL underlying profit down 55% YoY in H1 2023

The results reflected the outages during the period.