May 27, 2021
Published by admin at May 27, 2021
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First Gen borrows $308 million from 4 banks

BY LENIE LECTURA – MAY 27, 2021 from Business Mirror File photo: First Gen’s natural gas power plants in Batangas First Gen Corp. (First Gen) has sealed a $308-million loan from four banks to refinance its debts and partly fund […]
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May 26, 2021
Published by admin at May 26, 2021
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Electricity demand in Meralco franchise area grew in April

BY LENIE LECTURA – MAY 26, 2021 from Business Mirror Electricity demand in the franchise area of the Manila Electric Co. (Meralco) for April this year has improved versus April 2020 as government ramps up its Covid-19 vaccination drive. Meralco […]
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May 26, 2021
Published by admin at May 26, 2021
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Approval of ASPAs seen boosting power reserves of Mindanao

BY LENIE LECTURA – MAY 26, 2021 from Business Mirror Mindanao is assured of additional power reserves following the Energy Regulatory Commission’s (ERC) approval of Ancillary Services Procurement Agreements (ASPAs) in the first quarter. “These ASPAs are necessary to support […]
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May 25, 2021
Published by admin at May 25, 2021
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EDC to pursue geothermal projects in other countries

BY LENIE LECTURA – MAY 25, 2021 from Business Mirror File photo: EDC’s 100 MW Mt. Apo geothermal facility. (BusinessMirror file photo) Lopez-led Energy Development Corp. (EDC) said the pandemic has delayed some of its geothermal exploration activities in other […]
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