April 30, 2024

Meralco looking at P40-b core net income this year

By Alena Mae S. Flores – April 29, 2024, 7:35 pm from manilastandard.net Manila Electric Co. (Meralco) is looking at full-year consolidated core net income of P40 billion in 2024, as first-quarter income climbed 11 percent to P10.1 billion on […]
April 29, 2024

NexGen eyeing IPO to fund RE projects

By Alena Mae S. Flores – April 28, 2024, 8:45 pm from manilastandard.net NexGen Energy Corp., a wholly-owned subsidiary of Pure Energy Holdings Corp. (PEHC) said over the weekend it is preparing for an initial public offering (IPO) to raise […]
April 29, 2024

Ayala unit seeking partners to derisk two energy projects

By Alena Mae S. Flores – April 28, 2024, 8:10 pm from manilastandard.net Listed Ayala-owned Enex Energy Corp. said over the weekend it is looking for partners for Service Contract 55 in the West Philippine Sea and its 1,100-megawatt combined-cycle […]
April 27, 2024

Meralco-Limay power supply deal to save P8b

By Alena Mae S. Flores – April 26, 2024, 9:25 pm from manilastandard.net Power retailer Manila Electric Co. and San Miguel Corp.’s power unit Limay Power Inc. are asking the Energy Regulatory Commission to provisionally approve their 400-megawatt power supply […]