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MORE Electric and Power Corp. (MEPC) allotted P1.7 B to modernize electricity distribution facilities in Iloilo City for the next three years. MEPC President Roel Castro stated in a BusinessMirror report that...
Iloilo City mayor Jerry Treñas called out the Panay Electric Company Inc. (PECO) amid complaints of fire and power outages in the city. Treñas confirmed in a DailyGuardian report that he wrote...
Basic Energy Corporation recently expressed its interest to establish a 40 to 50 MW wind farm in Luzon, the cost of construction amounting to approximately $1.5-M per MW. According to the Manila...
The National Power Corp. (Napocor) sought approval for the P18.46 B basic Universal Charge for Missionary Electrification (UCME) for 2020. In a 12-paged application filed to the Energy Regulatory Commision (ERC), the...
The Meralco PowerGen Corp. (MGen) has planned to invest in new technologies for various energy projects. MGen has been studying new technologies in biomass energy development to help address the country’s garbage...
The Sarangani Energy Corp. (SEC), an auxiliary of the Alsons Power Group, is set to start the commercial operations of the second 105 MW unit of the 210 MW baseload, coal-fired power...
AboitizPower reported a six percent increase of net income, from 2017’s P20.42 billion to P21.71 billion in 2018 The increase was mainly attributed to the rise of operating revenues which was at...
AboitizPower recorded a net income of P16.7 billion in the first nine months of 2018, 6 percent higher than the P15.7 billion for the same period in 2017. Non-recurring losses of P1.7...
Aboitiz Power Corporation listed P 10.2 Billion Fixed Rate Bonds Series B Due 2024 and Series C Due 2028 on Philippine Dealing Exchange (PDEx), the second tranche of its P 30 Billion Shelf Registration...
Amid global oil price hikes and the tightening of monetary policies, economists are saying that the economic growth of the Philippines will keep slowing down. Chief Economist of IHS Markit Asia Pacific...
