August 16, 2019

First Gen 6-month net income at P8.2 billion, up 36% from P5.9 billion

By Lenie Lectura – August 16, 2019 from Business Mirror LOPEZ-LED First Gen Corp. (First Gen) posted an P8.2-billion recurring net income attributable to shareholders of the parent in the first six months of the year, up 36 percent from […]
August 15, 2019

PEMC operator: We complied with ERC 1.77-billion refund order

By Lenie Lectura – August 15, 2019 from Business Mirror THE Philippine Electricity Market Corp. (PEMC)/Market Operator said Wednesday it has complied with the refund order of the Energy Regulatory Commission (ERC). “We are rectifying the misallocation of the NSS […]
August 15, 2019

Alsons posts H1 net income of P293 million, cites Sarangani Energy contribution

By Lenie Lectura – August 15, 2019 from Business Mirror ALSONS Consolidated Resources Inc. (ACR) posted P293.08 million in net income from January to June this year, higher than the P120.38 million it recorded in the same period a year […]
August 14, 2019

‘PSE may operate WESM if operator fails to do its job’

By Lenie Lectura – August 13, 2019 from Business Mirror THE Philippine Stock Exchange (PSE) may operate the Wholesale Electricity Spot Market (WESM) if the current market operator fails to perform its duties, Energy Secretary Alfonso Cusi said recently. “Iemop […]