January 6, 2022

Higher WESM rates expected to push up January power bills

By Alena Mae S. Flores – January 5, 2022 from manilastandard.net Power rates at the Wholesale Electricity Spot Market increased by more than P1 per kilowatt-hour in December because of plant outages and the derating of natural gas stations. The […]
December 14, 2021

Prime Infra buys 50% of Tanauan solar farm builder

December 13, 2021 at 09:45 pm by Alena Mae S. Flores from manilastandard.net Prime Infrastructure Holdings Inc., a company led by business tycoone Enrique Razon Jr., said Monday it acquired a 50-percent stake in Solar Philippines Tanauan Corp., which is […]
December 9, 2021

Ayala Energy sells 2.7m shares to a unit of GIC

By Alena Mae S. Flores – December 06, 2021 at 06:10 pm from manilastandard.net AC Energy and Infrastructure Corp., a unit of conglomerate Ayala Corp., signed an agreement to sell 2,689,521,681 secondary shares of AC Energy Corp. to Arran Investment […]
December 4, 2021

PSALM prepares auction of big Pampanga property

By Alena Mae S. Flores – December 03, 2021 at 09:50 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. (PSALM) has asked interested parties the join the public bidding for the sale of a large real estate […]