April 26, 2021

VEC Gets DOE Nod To Proceed With LNG Project

BY LENIE LECTURA – APRIL 26, 2021 from Business Mirror The Department of Energy (DOE) gave its green light to Vires Energy Corp. (VEC) to proceed with the development of its planned Integrated Natural Gas-Fired Power Plant and liquefied natural […]
April 23, 2021

SEC Greenlights AC Energy P16.48-B Follow-On Offering

BY VG CABUAG – APRIL 23, 2021 from Business Mirror The Securities and Exchange Commission (SEC) has approved the P16.48-billion follow-on offering of AC Energy Corp., proceeds of which will be used to fund its expansion projects. In its meeting […]
April 22, 2021

SMC Unit Nears Completion Of BESS Facilities

BY LENIE LECTURA – APRIL 22, 2021 from Business Mirror Four of 31 Battery Energy Storage System facilities being put up by San Miguel Corporation’s power arm, SMC Global Power Holdings Corp., in Masinloc, Zambales; Malita, Davao; Maco, Davao de […]
April 20, 2021

NEA Lends P102 Million To Electric Co-Ops

BY LENIE LECTURA – APRIL 20, 2021 from Business Mirror The National Electrification Administration (NEA) has extended P102 million in loans to electric cooperatives in the first quarter. Latest data from the NEA Accounts Management and Guarantee Department (AMGD) showed […]