April 12, 2022

Meralco: Power rates to rise on higher generation cost

BY LENIE LECTURA – APRIL 11, 2022 from Business Mirror Power rates for this month will go up to P10.1830 per kilowatt hour (kWh) from P9.6467 per kWh last month, the Manila Electric Co. (Meralco) announced Monday. The P0.5363 upward […]
April 12, 2022

Advent to supply power to ice plant

BY LENIE LECTURA – APRIL 11, 2022 from Business Mirror Vita Tropic Ice Company Inc., an ice manufacturing company in Malabon City, will tap Advent Energy Inc., a retail business unit of Aboitiz Power Corp., for the supply of renewable […]
April 12, 2022

ACEN finalizes loan deal with banks

BY LENIE LECTURA – APRIL 11, 2022 from Business Mirror AC ENERGY Corp. (ACEN) has finalized an amended and restated omnibus loan and security agreement for its wholly-owned subsidiary, South Luzon Thermal Energy Corp. (SLTEC), with the Bank of Philippine […]
April 11, 2022

ERC to hear Meralco’s regulatory proposals

BY LENIE LECTURA – APRIL 10, 2022 from Business Mirror THE Energy Regulatory Commission (ERC) has set the hearing this month on the application of the Manila Electric Co. (Meralco) for the approval of its proposed Annual Revenue Requirement (ARR) […]