May 29, 2024

Meralco wrapping up feasibility study on micro modular reactor

By Jenniffer B. Austria – May 28, 2024, 8:50 pm from manilastandard.net Manila Electric Co. (Meralco), in partnership with US-based Ultra Safe Nuclear Corp. (USNC), plans to build 5 to 10-megawatt micro modular reactor facility as part of its plan […]
May 24, 2024

CREC slashes IPO price to P2.70 per share

By Jenniffer B. Austria – May 23, 2024, 8:05 pm from manilastandard.net Citicore Renewable Energy Corp., the power generation arm of businessman Edgar Saavedra, priced its initial public offering (IPO) at P2.70 per share, lower by 30.4 percent than the […]
May 21, 2024

NexGen Energy eyes P580-m IPO at P1.68 per share

By Jenniffer B. Austria – May 20, 2024, 8:40 pm from manilastandard.net NexGen Energy Corp., a wholly-owned subsidiary of Tiu family’s Pure Energy Holdings Corp. (PEHC), plans to raise up to P580 million from an initial public offering (IPO) in […]
April 18, 2024

SPNEC books P5.7-b income following entry of Meralco unit

By Jenniffer B. Austria – April 17, 2024, 7:20 pm from manilastandard.net Renewable energy firm SP New Energy Corp. (SPNEC) booked a net income of P5.7 billion in 2023, a sharp turnaround from net loss of P40.4 million recorded a […]