September 12, 2022

Congress seeks proof of SPEX-Udenna Malampaya sale deal

By Myrna M. Velasco – September 11, 2022, 8:30 PM from Manila Bulletin The House Committee on Appropriations has directed the Department of Energy (DOE) to submit this month the copy of the share purchase agreement (SPA) that was signed […]
September 9, 2022

Meralco rates up by P0.3907/kWh in September billing

By Myrna M. Velasco – September 8, 2022, 3:14 PM from Manila Bulletin The customers of Manila Electric Company (Meralco) customers will shoulder higher power rate in their electric bills this month as the rate pass-on of the giant utility […]
September 9, 2022

SPNEC’s P2.8-B SRO fully subscribed

By James A. Loyola – September 8, 2022, 2:45 PM from Manila Bulletin Solar Philippines Nueva Ecija Corporation’s (SPNEC) P2.8 billion stock rights offering has been fully subscribed due to strong demand from its existing shareholders despite the challenging market […]
September 8, 2022

ERC blamed for recurring provincial brownouts

By Myrna M. Velasco – September 7, 2022, 2:21 PM from Manila Bulletin The very slow pace of evaluation and approval by the Energy Regulatory Commission (ERC) on the application for capital expenditures (capex) of electric cooperatives (ECs) and other […]