News Formal

Quick takes from around the market

  • 📰 PhilstarNews
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 94%

España Noticias Noticias

Aboitiz Power signed a joint venture agreement with Vena Energy and Vivant Energy to develop, construct, and operate a 206-megawatt wind power project in San Isidro, Visayas

, said that it would spend P60 billion over the next three years to boost the capacity of its geothermal power plants. Half of the money will be used to drill 40 wells , and the other half will be used for other “growth initiatives”. EDC currently has 482 wells across 13 geothermal power plants that have a combined capacity of 1,189 megawatts.

is owned by the is a power-producing giant that has been the subject of delisting rumors for many years. Its free float is sitting at 11.67%, which at yesterday’s close, puts it about P1.2 billion in buybacks or acquisitions away from breaching the PSE’s minimum public ownership threshold of 10%, and about P4.0 billion away from being able to acquire enough of that public float through a tender offer to delist.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 1. in ES

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Quick takes from around the marketConcepcion Industrial named Ariel Fermin as its new CEO, effective January 2024.
Fuente: PhilstarNews - 🏆 1. / 94 Leer más »

Quick takes from around the marketHolcim Philippines wants to make its voluntary delisting from the PSE effective on Nov. 27, 2023.
Fuente: PhilstarNews - 🏆 1. / 94 Leer más »