March 8, 2022

SPNEC shareholders approve P60-B stock swap

By James A. Loyola – March 7, 2022, 3:41 PM from Manila Bulletin Solar Philippines Nueva Ecija Corporation’s stockholders have approved its increase in authorized capital stock and the P60 billion share swap with parent company Solar Philippines Power Project […]
March 7, 2022

DOE: PH ‘nuclear power cooperation’ with Russia to stay

By Myrna M. Velasco – March 6, 2022, 8:00 PM from Manila Bulletin Despite the war hostilities raging between Russia and Ukraine, the Department of Energy (DOE) has declared that the Philippines “nuclear power deal” with Russia’s Rosatom State Atomic […]
March 5, 2022

Alsons corners rating upgrade for P3-B CP issuance

By Myrna M. Velasco – March 4, 2022, 4:22 PM from Manila Bulletin Alcantara-led Alsons Consolidated Resources Inc. (ACR) cornered a credit rating upgrade by Philippine Rating Services Corporation (PhilRatings) for its P3.0 billion commercial papers (CP) issuance. The credit […]
March 4, 2022

Duterte wants nuclear power to replace coal plants

By Myrna M. Velasco – March 3, 2022, 3:16 PM from Manila Bulletin Newly-issued Executive Order 164 of President Rodrigo Duterte has stipulated that the country’s need for baseload electricity supply shall be plugged by nuclear power facilities, which will […]