November 14, 2023

First Gen raises P20 billion to support Casecnan plant acquisition

By Alena Mae S. Flores – November 13, 2023, 3:17 pm from manilastandard.net Casecnan hydroelectric power plant First Gen Corp. said Monday it signed term loan agreements with BDO Unibank Inc. and Bank of the Philippine Islands for P20-billion loan […]
November 13, 2023

DOE releases guidelines on energy firms’ audit reports

By Alena Mae S. Flores – November 12, 2023, 9:00 pm from manilastandard.net The Department of Energy released a draft circular on the guidelines for the audit and reportorial and remittance obligations of upstream, renewable energy, small scale coal mining, […]
November 13, 2023

Meralco submits new distribution rate for 2023, 2024

By Alena Mae S. Flores – November 12, 2023, 8:35 pm from manilastandard.net Meralco lineman examined the electric hanging meters base at a post along Quezon Ave in Quezon City, As the Meralco has announced an increase in its power […]
November 11, 2023

First Gen’s profit rises 28% to P13.8b

By Alena Mae S. Flores – November 10, 2023, 9:30 pm from manilastandard.net First Gen Corp. reported on Friday a 28-percent increase in attributable recurring net income in the first nine months to $249 million (P13.8 billion) from $194 million […]