May 25, 2024

MGen obtains P2.79-b loan from Security Bank to roll out two solar projects

By Alena Mae S. Flores – May 24, 2024, 7:55 pm from manilastandard.net Meralco PowerGen Corp. (MGen) said Friday its subsidiaries tapped combined funding of P2.79 billion for solar power projects from Security Banking Corp. MGen said the units of […]
May 24, 2024

CREC slashes IPO price to P2.70 per share

By Jenniffer B. Austria – May 23, 2024, 8:05 pm from manilastandard.net Citicore Renewable Energy Corp., the power generation arm of businessman Edgar Saavedra, priced its initial public offering (IPO) at P2.70 per share, lower by 30.4 percent than the […]
May 23, 2024

Tokyo Gas finalizes deal with FGEN LNG

By Alena Mae S. Flores – May 22, 2024, 8:25 pm from manilastandard.net First Gen LNG Holdings Corp., a wholly owned subsidiary of Lopez-led First Gen Corp., said Wednesday it executed a shareholders’ agreement (SHA) and share subscription agreement (SSA) […]
May 23, 2024

Alsons’ diesel plant warns of shutdown over fuel constraint

By Alena Mae S. Flores – May 22, 2024, 8:15 pm from manilastandard.net Western Mindanao Power Corp. (WMPC), a diesel facility in Zamboanga City owned by Alsons Consolidated Resources Inc., on Wednesday served notice that the plant may need to […]