May 25, 2024

Maharlika Fund plans to invest in transmission lines

By Alena Mae S. Flores – May 24, 2024, 9:15 pm from manilastandard.net Rafael Consing Jr. Maharlika Investment Corp. (MIC), which manages the Philippines’ first sovereign wealth fund, plans to invest in building transmission lines to support the power supply […]
May 25, 2024

ACEN raises YMP Telecom credit to P466m to fund energy projects

By Alena Mae S. Flores – May 24, 2024, 8:40 pm from manilastandard.net ACEN Corp. said it substantially increased its credit facility to YMP Telecom Power Inc. to P466 million from P200 million to fund the latter’s development costs of […]
May 25, 2024

MGen obtains P2.79-b loan from Security Bank to roll out two solar projects

By Alena Mae S. Flores – May 24, 2024, 7:55 pm from manilastandard.net Meralco PowerGen Corp. (MGen) said Friday its subsidiaries tapped combined funding of P2.79 billion for solar power projects from Security Banking Corp. MGen said the units of […]
May 23, 2024

Tokyo Gas finalizes deal with FGEN LNG

By Alena Mae S. Flores – May 22, 2024, 8:25 pm from manilastandard.net First Gen LNG Holdings Corp., a wholly owned subsidiary of Lopez-led First Gen Corp., said Wednesday it executed a shareholders’ agreement (SHA) and share subscription agreement (SSA) […]