October 8, 2020

ERC eyes full RCOA implementation by 2023

By Jordeene B. Lagare – October 8, 2020 from The Manila Times THE Energy Regulatory Commission (ERC) is seeking to fully implement the retail competition and open access (RCOA), a scheme that allows electricity end-users to choose their power supplier, […]
October 3, 2020

AboitizPower remits P40M to Cebu LGUs, villages

By Jordeene B. Lagare – October 1, 2020 from The Manila Times Aboitiz Power Corp. (AboitizPower) reported on Wednesday that it had remitted P40.6 million to various local government units (LGUs) and villages in Cebu province at end-September for hosting […]
September 25, 2020

AC Energy to invest P250M in subsidiary

By Jordeene B. Lagare – September 25, 2020 from The Manila Times AC Energy Philippines Inc. (Acen) has signed an agreement to subscribe to unit Buendia Christiana Holdings Corp.’s (BCHC) preferred shares valued at P250 million. In a disclosure on […]
September 18, 2020

Minimum bid price for Malaya plant set

By Jordeene B. Lagare – September 18, 2020 from The Manila Times THE minimum bid price for the sale of Malaya Thermal Power Plant (MTPP) and its underlying land was lowered to P2.2 billion, the Power Sector Assets and Liabilities […]