December 13, 2023

SPNEC buys 100% of Prime Infra’s shares in Terra Solar PH for P6b

By Alena Mae S. Flores & Jenniffer B. Austria – December 12, 2023, 9:10 pm from manilastandard.net SP New Energy Corp. (SPNEC) said Tuesday it acquired 100 percent of the shares of Prime Infrastructure Inc. in Terra Solar Philippines Inc. […]
December 2, 2023

Meralco unit pays P7b to acquire stake in solar power firm SPNEC

By Jenniffer B. Austria – December 1, 2023, 9:40 pm from manilastandard.net Manila Electric Co. through its unit MGen Renewable Energy Inc. (Mgreen) made an initial payment of P7 billion as part of its plan to acquire a majority stake […]
October 11, 2023

Semirara Mining declares P14.9-b dividends amid high coal prices

By Jenniffer B. Austria – October 10, 2023, 9:00 pm from manilastandard.net Integrated coal and energy company Semirara Mining and Power Corp., which benefitted from last year’s spike in coal prices, declared a record P14.88 billion in special cash dividends. […]
July 24, 2023

DOE clears wind project of Basic Energy in Balayan

By Jenniffer B. Austria – July 21, 2023, 8:20 pm from manilastandard.net Basic Energy Corp. said Friday the Department of Energy approved its wind energy service contract for the Balayan Nearshore Wind Power Project. Basic said in a disclosure to […]