May 19, 2022

Regulators fine Lopez-led power firm for frequent plant outages

By Angelica Y. Yang – May 17, 2022 | 5:44pm from Philstar.com The Energy Regulatory Commission (ERC) said monitoring generation companies (gencos) and their compliance to their yearly maximum allowable outage limits, is one way to ensure that power firms […]
May 19, 2022

ERC penalizes FGP Corp.

By Danessa Rivera – May 17, 2022 | 12:00am from The Philippine Star MANILA, Philippines — The Energy Regulatory Commission (ERC) has penalized Lopez-led FGP Corp. for breaching the maximum allowable outage days in 2021. In a 12-page decision issued […]
May 18, 2022

CREIT profit climbs to P300 M in Q1

By Myrna M. Velasco – May 17, 2022, 3:58 PM from Manila Bulletin Citicore Energy REIT Corporation (CREIT), the listed real estate investment trust (REIT) affiliate of Citicore Renewable Energy Corporation (CREC), has logged significant upturn in net income in […]
May 18, 2022

ACEN partners with Indonesian firm for RE projects

By Myrna M. Velasco – May 17, 2022, 3:10 PM from Manila Bulletin Ayala-led ACEN Corporation has partnered with Indonesian firm Puri Usaha Group for investment in Suryagen Capital Pte. Ltd., which has a business platform in renewable energy (RE) […]