October 2, 2021

SEC approves basic energy capital hike

By Jordeene B. Lagare – September 30, 2021 from The Manila Times Basic Energy Corp. secured the Securities and Exchange Commission‘s (SEC) approval to increase its capital stock to P5 billion to bankroll new and existing projects. In a disclosure on Wednesday, […]
October 1, 2021

Meralco to hold competitive auction for supply contract

BY LENIE LECTURA – SEPTEMBER 30, 2021 from Business Mirror   The Manila Electric Co. (Meralco) will conduct a competitive selection process (CSP) to procure 70 megawatts (MW) of power supply it needs from January 2022 to January 2037. In […]
October 1, 2021

DOE may face legal raps on Malampaya license extension

By Myrna M. Velasco – September 30, 2021, 3:52 PM from Manila Bulletin The Department of Energy (DoE) will be legally accountable if it will push through with the targeted ‘midnight deal’ for the license extension of the Malampaya gas […]
October 1, 2021

Aboitiz Power bond proceeds to fund Pangasinan solar project

By Myrna M. Velasco – September 30, 2021, 2:51 PM from Manila Bulletin Aboitiz Power Corp. will funnel a significant portion of the proceeds from its P12-billion second tranche issue to its 74-megawatt solar farm project in Pangasinan. Apart from […]