March 28, 2024

Deal with Sys to make Citicore IPO attractive, say analysts

By Meg J. Adonis – 02:16 AM March 28, 2024 from inquirer.net / Philippine Daily Inquirer MANILA, Philippines — The landmark P5-billion share sale deal between tycoon Edgar Saavedra’s Citicore Renewable Energy Corp. (CREC) and Sy family-led SM Investments Corp. […]
March 28, 2024

Citicore raises P5B from share sale to SM Investments

By Meg J. Adonis – 09:36 AM March 27, 2024 from inquirer.net / Philippine Daily Inquirer MANILA, Philippines — Citicore Renewable Energy Corp. (CREC) of tycoon Edgar Saavedra has raised P5 billion from the sale of its shares in its […]
March 28, 2024

Power spot prices rise in early March

By Sheldeen Joy Talavera – March 26, 2024 | 9:07 pm from Business World BW FILE PHOTO ELECTRICITY spot market prices rose in the first two weeks of March as the margin between supply and demand narrowed, the Independent Electricity Market […]
March 27, 2024

Meralco vows to meet summer power demand

By Alena Mae S. Flores – March 26, 2024, 8:50 pm from manilastandard.net Power retailer Manila Electric Company (Meralco) said Tuesday it is prepared to address the anticipated increased electricity demand following the official declaration of the dry season or […]