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 […]
February 22, 2020

Basic Energy quits geothermal service contract in Mabini

By Alena Mae S. Flores – February 22, 2020 at 12:10 am from manilastandard.net Basic Energy Corp. submitted on Friday a notice to the Energy Department to withdraw from Mabini geothermal service contract no. 8. Basic Energy disclosed to the […]