September 26, 2024

DoE: Geothermal gets $250-M de-risking cover

‘The concept paper is already okay, but of course, we are still looking for who will be the fund manager. The Energy Secretary has initiated a meeting with various financing bodies so that we can come up with an agreement’ […]
September 26, 2024

Gov’t mulls sales including Semirara

DoF eyes to increase non-tax revenues through privatization to around P100 billion next year from P42 billion this year By Kathryn Jose – Sep 26, 2024, 01:49 from Daily Tribune Semirara Mining and Power Corp. (SMPC)   The Department of […]
September 26, 2024

Meralco franchise bill okayed on 2nd reading

By Reina C. Tolentino – September 26, 2024 From The Manila Times THE House of Representatives on Tuesday approved on second reading a bill that seeks to renew the franchise of power distributor Manila Electric Co. (Meralco) for another 25 […]
September 25, 2024

San Miguel Global Power to sell $100-M perpetual notes

By Lenie Lectura – September 25, 2024 from Business Mirror SMC Global Power Holdings Corp. has secured board approval to issue $100 million in senior perpetual capital securities. The power arm of conglomerate San Miguel Corp. (SMC) said the issuance […]