[2023 Website] News
PetroGreen all-set for Pangasinan solar dev’t
The Bugallon Solar Power Project is expected to supply clean and renewable power in the area by the last quarter of 2024. Once operational, the facility is expected to generate 41,000 MWh of power annually and reduce carbon emissions by 29,056 metric tons The Yuchengco group’s PetroGreen Energy Corp., or PGEC, is moving to formally…
Read MoreFirst Irish Embassy in PH opens in RCBC Plaza
RCBC Plaza has recently included the Embassy of Ireland among its roster of clients, making it the eighth diplomatic mission housed in the iconic business complex. This is the first permanent chancery that Ireland has established in the Philippines and is expected to be instrumental in strengthening the nation’s political and economic ties. The opening…
Read MoreYuchengco firm to supply Shell Energy’s power needs
MANILA -A unit of Yuchengco-led PetroGreen Energy Corp. will supply Shell Energy Philippines Inc. (SEPH) with renewable energy coming from its solar power plant in Tarlac City. Under the power supply agreement signed last Sept. 20, PetroSolar Corp., a subsidiary of PetroGreen, will source clean energy from its 20-megawatt (MW) Tarlac-2 solar plant located in…
Read MoreMapúa University aims to double enrollment
MAPÚA University targets to double its enrollment count in the coming years in line with the 10-year development plan of Ayala-Yuchengco-led iPeople, Inc., its top official said on Thursday. “Our target is to continually increase [the number of enrollments],” Mapúa President and Chief Executive Officer Dodjie S. Maestrecampo said in a media briefing. “I think…
Read MoreMapúa University names new president
MANILA, Philippines — Mapúa University has announced the appointment of longtime administrator and chemical engineer Dodjie Maestrecampo as its new president and chief executive officer. Maestrecampo succeeded Reynaldo Vea, who capped his 23-year tenure as head of the university last June. Prior to his new appointment, Maestrecampo was president of Mapúa Malayan Colleges in Laguna…
Read MoreHouse of Investments sells more shares in EEI
THE BOARD of directors of Yuchengco-led House of Investments, Inc. has approved the sale of 14.346% of EEI Corp.’s common shares to Industry Holdings and Development Corp. (IHDC). “IHDC’s entry as a strategic partner is deemed beneficial to EEI’s growth plans and restructuring efforts,” the listed holding firm said in a regulatory filing on Monday.…
Read MoreEEI appoints new chairman after previous owner sells down stake
EEI Corp. has appointed Lorenzo V. Tan chairman of the listed construction and engineering services company, replacing Helen Y. Dee who stepped down for personal reasons. In a stock market filing, the company said it had voted to appoint Mr. Tan, who is also president and chief executive officer of House of Investments, Inc., on…
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