June 7, 2023

Aboitiz Power completes acquisition of higher stake in Mindanao coal plant

By Alena Mae S. Flores – June 6, 2023, 9:35 am from manilastandard.net Aboitiz Power Corp. said Monday it completed the acquisition of an additional 35.4-percent equity in STEAG State Power Inc., the operator of the 210-megawatt Mindanao coal-fired power […]
June 7, 2023

ACEN gets approval to acquire wind projects in Texas

By Alena Mae S. Flores – June 6, 2023, 9:55 am from manilastandard.net ACEN Corp. of the Ayala Group said Monday it received US regulatory approval for the acquisition of eight operating wind projects in Texas. ACEN said in a […]
June 5, 2023

June power rates to rise as distribution rate refund ends

By Alena Mae S. Flores – June 4, 2023, 7:55 pm from manilastandard.net Manila Electric Co. said over the weekend consumers may experience higher electricity rates in June with the completion of the distribution rate refund amounting to P0.87 per […]
June 5, 2023

Iloilo consumers start receiving bill deposit refunds from MORE

By Alena Mae S. Flores – June 4, 2023, 7:50 pm from manilastandard.net MORE Electric and Power Corp. said over the weekend its consumers in Iloilo City started to receive their bill deposit refunds. MORE Power president and chief executive […]