AC Energy readies funds for solar, wind projects
The Board of Directors of AC Energy Philippines (ACEN) has approved financing for solar and wind power projects worth P10.81 billion.
EVN plans to launch competitive retail electricity market next year
The Vietnam Electricity (EVN) is eyeing the operation of a competitive retail electricity market in 2021 following its official run of a competitive wholesale market since 2019.
UiTM Solar 2 gets AAIS rating on RM100m green sukuk
MALAYSIAN Rating Corp Bhd (MARC) has assigned its preliminary AAIS rating on UiTM Solar Power Dua Sdn Bhd’s (UiTM Solar 2) proposed Green Sustainable and Responsible Investment (SRI) Sukuk of up to RM100 million, with a stable outlook.MARC in a statement today said the stable outlook is backed the company’s 21-year power purchase agreement with […]
KrisEnergy’s Sale of Vietnam Offshore Block Delayed Again
Southeast Asia-focused oil company KrisEnergy has yet again extended the long-stop date for the completion of the sale of its interest in the Vietnam Block 115/09.
ADB approves electricity infrastructure loan for Myanmar
The Asian Development Bank (ADB) has approved a $171 million loan to Myanmar with the construction of electricity infrastructure.
IFC and LOGOS partner to develop green logistics hub, drive economic activity in Indonesia
Indonesia will benefit from a major green investment in the logistics sector that’s set to address a critical infrastructure gap, at the same time creating jobs and supporting a recovery in Southeast Asia’s biggest economy amid the impact from the Covid-19 pandemic.
SEC approves AC Energy’s stock rights offering
The Securities and Exchange Commission (SEC) has confirmed AC Energy’s stock rights offering (SRO) slated for next year.
China and Japan ‘risk missing’ $205bn ASEAN renewables opportunity
TOKYO — The prospects for keeping global temperatures in check seemed to be brightening as more than 70 heads of state gathered virtually over the weekend to mark the fifth anniversary of the Paris climate accord.
