May 15, 2021

M2DC acquires 67% of Basic Energy

By Alena Mae S. Flores – May 14, 2021 at 07:40 pm from manilastandard.net Basic Energy Corp. said Friday it signed an agreement to sell at least 67 percent of its outstanding capital stock to Map 2000 Development Corp. P2.8 […]
March 27, 2021

Basic Energy secures service contract for 50MW wind project

By Myrna M. Velasco – March 26, 2021, 12:15 PM from Manila Bulletin Listed firm Basic Energy Corporation has formally secured wind energy service contract (WESC) from the Department of Energy (DOE) for its planned 50-megawatt wind farm installation in […]
February 12, 2021

Basic Energy eyeing Batangas wind project

By Alena Mae S. Flores – February 10, 2021 at 09:20 pm from manilastandard.net A unit of Basic Energy Corp. plans to develop a 50-megawatt wind project in Mabini, Batangas covering an area of 4,860 hectares of land. Basic Energy […]
December 22, 2020

M2DC buys stake in Basic Energy

By VG Cabuag – December 22, 2020 from Business Mirror MAP 2000 Development Corp. (M2DC) is acquiring a majority stake in Basic Energy Corp., the energy company led by the De Venecia Group. In its disclosure, a memorandum of agreement […]