September 3, 2019

AboitizPower’s P10-billion bond sale to pay loans gets highest rating

By Lenie Lectura – September 3, 2019 from Business Mirror ABOITIZ Power Corp. has secured the highest credit score for its P10-billion bond sale. Local credit rater Philippine Ratings Services Corp. (Philratings) assigned an issue credit rating of PRS Aaa, […]
September 3, 2019

First Gen picks Japan’s JGC for LNG project in Batangas

By Lenie Lectura – September 3, 2019 from Business Mirror FIRST GEN Corp. (FGEN) has chosen JGC Corp. of Japan as the engineering, procurement and construction (EPC) contractor for its billion-dollar liquefied natural gas (LNG) project in Batangas. This marks […]
August 29, 2019

ERC lets Meralco withdraw its PSAs

By Lenie Lectura – August 29, 2019 from Business Mirror THE Energy Regulatory Commission (ERC) has approved Manila Electric Co.’s (Meralco) applications to withdraw the Power Supply Agreements (PSAs) forged with power suppliers. The ERC said it was necessary for […]
August 28, 2019

‘Tweaking energy mix to grow RE share key to fighting climate risk ’

By Lenie Lectura – August 28, 2019 from Business Mirror File photo of the 150-MW Burgos Wind Project in Burgos, Ilocos Norte, of the Lopez-owned Energy Development Corporation. ONE way to address climate change and to fortify the Philippines against climate […]