April 25, 2023

ACEN to tap loans for capex this year

BY LENIE LECTURA – APRIL 25, 2023 from Business Mirror ACEN Corp. is planning to borrow up to P30 billion to partly fund its capital expenditure (capex) this year. “In terms of new debts, we are projecting to borrow an […]
April 21, 2023

ERC lauds LBP’s credit line to utilities

BY LENIE LECTURA – APRIL 21, 2023 from Business Mirror THE Energy Regulatory Commission (ERC) expressed gratitude to the Land Bank of the Philippines (LBP) for offering financial assistance to distribution utilities (DUs) via credit facility to help augment their […]
April 21, 2023

NGCP energizes transformers in Luzon

BY LENIE LECTURA – APRIL 21, 2023 from Business Mirror The National Grid Corporation of the Philippines (NGCP) has energized new power transformers in several substations as part of the second stage of its North Luzon Substation Upgrading Project. To […]
April 20, 2023

Meralco, Aboitiz unit seek nod for power supply deal

BY LENIE LECTURA – APRIL 20, 2023 from Business Mirror The Manila Electric Co. (Meralco) and Aboitiz-led GNPower Dinginin Ltd. (GNPD) have filed applications for approval of their emergency power supply agreements (EPSA). “It respectfully prayed that the Honorable Commission, […]