Latest News and Updates
 

Phinma Energy profit surges to P1.4 billion

March 2017

PHINMA ENERGY Corp. posted a 53% increase in consolidated net income last year to P1.383 billion, the first time that the company breached the billion-peso mark as a new power Read More

 

Phinma Energy breaches P1-B income in 2016

MANILA, Philippines – Phinma Energy Corp. breached the P1-billion income mark last year on the back of higher sales volume and a non-recurring income after it sold a partial stake Read More

 

PHINMA Energy defers Sual coal-fed power project

February 2017

On overcapacity forecasts for Luzon grid, PHINMA Energy Corporation has indicated that it shall defer the implementation of its proposed 900-megawatt Sual coal-fired power facility in Pangasinan. PHINMA Energy President Read More

 

TAREC puts expansion of wind farm on hold

February 2017

TRANS-ASIA Renewable Energy Corp. (TAREC) is banking on the passage of rules on renewable portfolio standards (RPS) to start the expansion of its wind farm project on Guimaras Island by Read More

 

PHINMA defers 900-MW plant

Phinma Energy Corp. decided to defer a planned 900-megawatt coal-fired power plant in Pangasinan amid concerns over an oversupply of coal projects, a top executive said. Phinma Energy president Francisco Read More