May 20, 2021

First Gen allots $530M for capex

BY LENIE LECTURA – MAY 20, 2021 from Business Mirror File photo: First Gen’s natural gas power plants in Batangas   FIRST GEN Corp. of the Lopez Group is setting aside about $530 million in capital expenditures (capex) this year […]
May 19, 2021

ERC gives NGCP six months to complete $1-billion IPO

By Angelica Y. Yang – May 18, 2021 | 8:23 pm from Business World BW FILE PHOTO THE Energy Regulatory Commission (ERC) has ordered the National Grid Corp. of the Philippines (NGCP) to complete the listing process for a $1-billion […]
May 19, 2021

Natural gas regulation bill hurdles Senate committees

By Vann Marlo M. Villegas – May 18, 2021 | 8:11 pm from Business World REUTERS The Senate committees on energy and finance on Monday approved a bill requiring a national energy policy and framework for the development and regulation […]
May 18, 2021

ACEN to invest $3B in solar, wind projects to hit RE goal

BY LENIE LECTURA – MAY 18, 2021 from Business Mirror AC Energy Corp. (ACEN), the energy platform of Ayala Corp., would embark on renewable energy (RE) projects worth $3 billion as part of its goal of hitting 5,000 megawatts (MW) […]