Power News
July 30, 2022
Published by admin at July 30, 2022
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By Myrna M. Velasco – July 29, 2022, 2:15 PM from Manila Bulletin Prime Exploration Pte. Ltd., a subsidiary of Razon-led Prime Infrastructure Capital Inc. (Prime Infra), announced its acquisition from Udenna Corporation of businessman Dennis Uy the 45 percent […]
July 29, 2022
Published by admin at July 29, 2022
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BY LENIE LECTURA AND BUTCH FERNANDEZ – JULY 28, 2022 from Business Mirror President Ferdinand R. Marcos Jr. has vetoed House Bill (HB) 10554 or An Act Expanding the Franchise Area of Davao Light and Power Company Inc. (DLPC). According […]
July 29, 2022
Published by admin at July 29, 2022
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BY LENIE LECTURA – JULY 28, 2022 from Business Mirror The country’s Renewable Energy Market (REM)—a venue for the trading of Renewable Energy Certificates (REC)—was launched Thursday, the Philippine Electricity Market Corp. (PEMC) said. The launch of the Philippine REM […]
July 28, 2022
Published by admin at July 28, 2022
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BY LENIE LECTURA – JULY 27, 2022 from Business Mirror Asia Brewery Inc. (ABI), has tapped Shell Energy Philippines Inc. for the supply of renewable energy (RE) to the the Lucio Tan-owned diversified beverage company’s manufacturing facilities in Luzon. The […]
July 28, 2022
Published by admin at July 28, 2022
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By James A. Loyola – July 27, 2022, 3:14 PM from Manila Bulletin Citicore Energy REIT Corporation (CREIT) reported a net income of P601 million for the first six months of 2022, more than five times the P89 million earned […]
July 28, 2022
Published by admin at July 28, 2022
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By Myrna M. Velasco – July 27, 2022, 2:39 PM from Manila Bulletin The profitability of listed firm Aboitiz Power Corporation slightly declined by 2.0 percent to P10 billion in the first half this year from P10.1 billion in the […]
July 27, 2022
Published by admin at July 27, 2022
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BY LENIE LECTURA – JULY 26, 2022 from Business Mirror THE Manila Electric Co. (Meralco) will conduct more competitive biddings, possibly this year, for 900 megawatts (MW) of power supply requirement. “Based on the approved PSPP [power supply procurement plan], […]
July 27, 2022
Published by admin at July 27, 2022
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BY LENIE LECTURA – JULY 26, 2022 from Business Mirror ACEN Corp. is selling its remaining coal asset to ETM Philippines Holdings, Inc. (EPHI) and The Insular Life Assurance Company, Ltd. (InLife) for P3.7 billion. “ACEN, the Ayala Group’s listed […]
July 27, 2022
Published by admin at July 27, 2022
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BY LENIE LECTURA – JULY 26, 2022 from Business Mirror SMC Global Power Holdings Corp. (SMCGP) has raised P40 billion from the listing of its fixed rate bonds on the Philippine Dealing and Exchange Corp. (PDEX), the largest corporate bond […]
July 26, 2022
Published by admin at July 26, 2022
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Richmond Mercurio – July 26, 2022 | 12:00am from The Philippine Star MANILA, Philippines — Raslag Corp., the renewable energy platform of the Nepomuceno Group, is reallocating the use of the P250 million proceeds from its initial public offering last […]