Last December, Citicore Renewable Energy Corporation (CREC) announced that it had filed a registration statement with the Securities and Exchange Commission (SEC) relating to the proposed initial public offering of its common shares. Under the terms of the offer, CREC plans to issue up to 2,900,000,000 shares, at a price of up to Php3.88 per […]
FREE and CEMEX sign long-term PPA for ground-mounted solar projects to help power cement manufacturing plants in the Philippines. Cemex Philippines, a leading cement producer in the country, has signed a contract with Filinvest-ENGIE Renewable Energy Enterprise, Inc. (FREE) recently to develop a 10.08 MW ground-mounted solar system in Cemex’s facility in Apo Cement Plant in the City of Naga, Cebu. […]
The Bank of the Philippine Islands (BPI) informed the Philippine Stock Exchange (PSE) recently that the International Finance Corp. (IFC) is set to invest US$250 million in a green bond that the Ayala-led bank is issuing. In its report, the BPI noted that it sees the IFC subscription as the largest business that the private […]
Amazon Web Service (AWS) today announced that it is committed to helping companies across the Asia-Pacific region (including Japan) achieve their sustainability goals. In a virtual press conference, AWS — the cloud computing arm of technology behemoth Amazon — also outlined three key sustainability concepts including sustainability of the cloud; sustainability in the cloud; and […]
