April 12, 2019

DOE ready to address power shortage: Palace

By EJ Roque – April 10, 2019, 8:22 pm from Philippine News Agency MANILA — Malacañang on Wednesday expressed optimism that the Department of Energy (DOE) is ready to respond to any power crisis that the country may face. “I’m sure […]
April 11, 2019

AboitizPower borrows $300 million from foreign banks to buy AC Energy’s thermal assets

By Lenie Lectura – April 11, 2019 from Business Mirror ABOITIZ Power Corp. signed a $300-million loan facility with foreign banks to partly finance its acquisition of AC Energy Inc.’s thermal assets. “AboitizPower signed a facility agreement with DBS Bank […]
April 11, 2019

ERC gives NGCP go-ahead to build La Trinidad line project

By Lenie Lectura – April 11, 2019 from Business Mirror THE Energy Regulatory Commission (ERC) has approved the application of the National Grid Corp. of the Philippines (NGCP) to proceed with its P644-million La Trinidad-Calot 69-kV line project. “The NGCP’s […]
April 11, 2019

ERC, DOE commit to act on PSAs for power projects

By Myrna M. Velasco – April 10, 2019, 10:00 PM from Manila Bulletin With decrepit infrastructure and lack of firm investment commitments, the Department of Energy (DOE) and Energy Regulatory Commission (ERC) have finally been prompted to act on pending […]