August 31, 2020

Alsons sale of commercial papers gets SEC approval

By Lenie Lectura – August 31, 2020 from Business Mirror Alcantara-led Alsons Consolidated Resources Inc. (ACR) said over the weekend that the Securities and Exchange Commission (SEC) has given its nod to the company’s sale of commercial papers (CP) worth […]
August 28, 2020

Vivant Energy unveils retail power service

By Lenie Lectura – August 28, 2020 from Business Mirror Vivant Energy Corp. has formally launched its retail electricity service, COREnergy, an entity task to sell, broker, market or aggregate electricity to the end-users. While it started operations last year, […]
August 28, 2020

Meralco penalized for ‘confusing’ bills

By Lenie Lectura – August 28, 2020 from Business Mirror The Manila Electric Co. (Meralco) was ordered by the Energy Regulatory Commission (ERC) to pay a fine of P19 million and provide over P200 million in discount to lifeline customers. […]
August 27, 2020

‘MORE Power system loss below ERC cap’

By Lenie Lectura – August 27, 2020 from Business Mirror More Electric and Power Corp. (MORE Power) said Wednesday it posted a system loss rate of 6 percent, which is still within the mandated cap of 6.5 percent set by […]