May 24, 2024

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 […]
May 24, 2024

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 […]
May 23, 2024

Tokyo Gas finalizes deal with FGEN LNG

By Alena Mae S. Flores – May 22, 2024, 8:25 pm from manilastandard.net First Gen LNG Holdings Corp., a wholly owned subsidiary of Lopez-led First Gen Corp., said Wednesday it executed a shareholders’ agreement (SHA) and share subscription agreement (SSA) […]
May 23, 2024

Alsons’ diesel plant warns of shutdown over fuel constraint

By Alena Mae S. Flores – May 22, 2024, 8:15 pm from manilastandard.net Western Mindanao Power Corp. (WMPC), a diesel facility in Zamboanga City owned by Alsons Consolidated Resources Inc., on Wednesday served notice that the plant may need to […]