December 23, 2019

DOE sets new rules on prudential requirement for WESM traders

By MYRNA M. VELASCO – December 21, 2019, 10:00 PM from Manila Bulletin Via its proposed Circular, the Department of Energy (DOE) is amending the “prudential requirement” that a trading participant in the Wholesale Electricity Spot Market (WESM) must post […]
December 22, 2019

EDC keeps top credit rating for P7 billion bonds

December 20, 2019 – 12:00am from The Philippine Star MANILA, Philippines — Philippine Rating Services Corp. (PhilRatings) maintained its top credit rating of PRS Aaa for Energy Development Corp.’s P7 billion outstanding bonds. Obligations rated PRS Aaa are of the highest […]
December 21, 2019

AC Energy invests P570 million in 300 MW diesel power plant in Rizal

By Danessa Rivera – December 20, 2019 – 12:00am from The Philippine Star MANILA, Philippines — AC Energy Philippines Inc. (ACEP) has invested P570 million in a 300-megawatt (MW) diesel power plant in Rizal. In a disclosure to the Philippine […]
December 21, 2019

PSALM moves to feasibility study on redevelopment of NPC complex

By Myrna M. Velasco – December 20, 2019, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is set to award the consultancy work on the redevelopment of the National Power Corporation (NPC) complex to […]