November 7, 2019

One-third of ‘contestable’ power consumers still unregistered — PEMC

By Victor V. Saulon – November 3, 2019 | 11:06 pm from Business World   UP TO 32% of electricity users that have been certified as “contestable” and can directly buy power from retail suppliers have yet to register in […]
November 7, 2019

Power biz drags AEV 9-mo profit

By Jordeene B. Lagare – November 7, 2019 from The Manila Times ABOITIZ Equity Ventures Inc. (AEV) reported on Wednesday that its consolidated net income dropped by 9 percent to P15.7 billion in the first nine months of 2019 from […]
November 6, 2019

World Bank sees rise in energy financing for LNG, RE projects

By Myrna M. Velasco – November 5, 2019, 3:44 PM from Manila Bulletin SINGAPORE – The World Bank Group is anticipating that financing flow in energy projects will be largely dominated by new projects in the liquefied natural gas (LNG) […]
November 6, 2019

Ayala energy firm inks deal to buy out foreign partners

By Myrna M. Velasco – November 5, 2019, 10:00 PM from Manila Bulletin The energy investment arm of the Ayala group has sealed agreements to buy out the shareholdings of foreign partners in its coal-fired power facility in Batangas; and […]