March 9, 2021

Quezon power co-op obtains P20-M loan

By Jordeene B. Lagare – March 9, 2021 from The Manila Times An electric cooperative (EC) servicing Quezon province obtained a P20.138-million calamity loan from the National Electrification Administration (NEA). The agency, in a statement on Monday, said Quezon I […]
March 6, 2021

EDC offers P15-B green bonds to fund RE projects

By Jordeene B. Lagare – March 6, 2021 from The Manila Times Energy Development Corp. (EDC) has announced its maiden offering of green bonds worth P15 billion to bankroll renewable energy (RE) projects. The EDC Board of Directors already gave […]
March 5, 2021

Power co-ops told to back TransCo as off-grid system operator

By Jordeene B. Lagare – March 5, 2021 from The Manila Times Electric cooperatives (ECs) nationwide are enjoined to ensure the smooth transition of their system operator functions to the National Transmission Corp. (TransCo). In a recent memorandum, the Department […]
February 27, 2021

PXP Energy narrows net loss in 2020

By Jordeene B. Lagare – February 27, 2021 from The Manila Times PXP Energy Corp. shrank its consolidated net loss to P76.3 million last year on lower output and decline in crude oil prices. The Pangilinan-led company said in a […]