May 25, 2024
Published by admin at May 25, 2024
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ACEN raises YMP Telecom credit to P466m to fund energy projects

By Alena Mae S. Flores – May 24, 2024, 8:40 pm from manilastandard.net ACEN Corp. said it substantially increased its credit facility to YMP Telecom Power Inc. to P466 million from P200 million to fund the latter’s development costs of […]
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May 25, 2024
Published by admin at May 25, 2024
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MGen obtains P2.79-b loan from Security Bank to roll out two solar projects

By Alena Mae S. Flores – May 24, 2024, 7:55 pm from manilastandard.net Meralco PowerGen Corp. (MGen) said Friday its subsidiaries tapped combined funding of P2.79 billion for solar power projects from Security Banking Corp. MGen said the units of […]
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May 24, 2024
Published by admin at May 24, 2024
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Red, yellow alerts raised over Luzon, Visayas grids

By Sheldeen Joy Talavera – May 23, 2024 | 9:22 pm from Business World THE Luzon and Visayas power grids were placed on red and yellow alerts on Thursday with more than 3,000 megawatts (MW) of capacity unavailable, according to […]
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May 24, 2024
Published by admin at May 24, 2024
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CREC slashes IPO price to P2.70 per share

By Jenniffer B. Austria – May 23, 2024, 8:05 pm from manilastandard.net Citicore Renewable Energy Corp., the power generation arm of businessman Edgar Saavedra, priced its initial public offering (IPO) at P2.70 per share, lower by 30.4 percent than the […]
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