May 21, 2024

NexGen Energy eyes P580-m IPO at P1.68 per share

By Jenniffer B. Austria – May 20, 2024, 8:40 pm from manilastandard.net NexGen Energy Corp., a wholly-owned subsidiary of Tiu family’s Pure Energy Holdings Corp. (PEHC), plans to raise up to P580 million from an initial public offering (IPO) in […]
May 21, 2024

Power supply to improve with La Nina, says Gatchalian

By Alena Mae S. Flores – May 20, 2024, 7:55 pm from manilastandard.net Senator Sherwin Gatchalian expressed optimism the country’s power situation will improve with the onset of the rainy season and cooler temperature. “I am optimistic in terms of… […]
May 21, 2024

ACEN guarantees P1.4-b loan of San Carlos Solar Energy

By Alena Mae S. Flores – May 20, 2024, 7:35 pm from manilastandard.net ACEN Corp. said Monday it acted as guarantor to the P1.4-billion loan of subsidiary San Carlos Solar Energy Inc. (SACASOL). SACASOL is the owner and operator of […]
May 20, 2024

DOE to allow longer power plant maintenance works

By Alena Mae S. Flores – May 19, 2024, 8:25 pm from manilastandard.net Energy Secretary Raphael Lotilla The Department of Energy (DOE) plans to allow longer maintenance period for power plants to avoid breakdowns that could lead to outages. “We […]