November 7, 2024

Alternergy gets board nod for loan deal

By Lenie Lectura – November 7, 2024 from Business Mirror Alternergy Holdings Corp. (ALTER) has secured board approval of the convertible subordinated interest-bearing P4.4-billion loan agreement it forged with its subsidiary. The agreement also has an option for conversion as […]
November 7, 2024

House approves another 25-year franchise for Meralco

By Faith Argosino – 05:55 PM November 06, 2024 from @FArgosinoINQINQUIRER.net Meralco, INQUIRER FILES   MANILA, Philippines — The House of Representatives on Wednesday approved on final reading the bill seeking to provide another 25-year franchise to the Manila Electric […]
November 7, 2024

Power rates at spot market seen remaining stable in fourth quarter

By Alena Mae S. Flores – November 5, 2024, 8:35 pm from manilastandard.net Average electricity prices at the Wholesale Electricity Spot Market are expected to remain stable at around P4 per kilowatt-hour for the remaining months of the year due […]
November 6, 2024

DOE taps Landbank for creation of trust accounts

By Lenie Lectura – November 5, 2024 from Business Mirror THE Department of Energy (DOE) has tapped the Landbank of the Philippines (LBP) to help assist the beneficiaries of Energy Regulations 1-94 (ER 1-94) program. Through the ER 1-94 Program, […]