Alternergy remits dividends to GSIS

Quick Summary:

Renewable energy company Alternergy Holdings Corp.(ALTER) has remitted its first annual dividend payment of P117.93 million to the Government Service Insurance System (GSIS).

In all, this will bring the company’s total capacity to 502MW in the next two years.

The additional 191 megawatts, that’s something that we will continue to seek funding for in the next few months.

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Article Details

Author / Journalist: Lorenz S. Marasigan

Category: BusinessStartups

Markets: Philippines

Topics: Projects Equity Alter Capacity 2026 Billion Renewable Alternergy Megawatts Corp Energy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-19 @ 16:05:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 486 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 24556203

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