December 18, 2021

NEA, not PSALM, to resolve power supply issues — DOF

By Lee C. Chipongian – December 17, 2021, 4:11 PM from Manila Bulletin Finance Secretary Carlos Dominguez III categorically stated that the National Electrification Administration (NEA) and not the Power Sector Liabilities and Management Corp. (PSALM) should be the Default […]
December 18, 2021

No concrete timeline yet on power restoration

By Myrna M. Velasco – December 17, 2021, 4:03 PM from Manila Bulletin The Department of Energy (DOE) said it cannot commit yet if Filipino consumers in the typhoon Odette-battered areas in Visayas and Mindanao will fully regain their electricity […]
December 17, 2021

JERA finalizes purchase of stake in AboitizPower

By James A. Loyola – December 16, 2021, 2:58 PM from Manila Bulletin Aboitiz Equity Ventures Inc. (AEV) and JERA Co. Inc. have finalized the Japanese firm’s acquisition of a 25.01 percent stake in Aboitiz Power Corporation (AboitizPower), following the […]
December 16, 2021

ACEN to hike public float to 18.73%

By Myrna M. Velasco – December 15, 2021, 3:10 PM from Manila Bulletin Ayala energy firm ACEN Corporation has secured the nod of its stockholders for the issuance of 1.4 billion primary shares to its partners in UPC Renewables and […]