The Manila Electric Company (MERALCO) and two power firms under San Miguel Corporation are seeking approval from the Energy Regulatory Commission (ERC) for the implementation of their power supply agreements (PSAs). Based...
AC Energy Corporation (ACEN) has announced the completion of Singaporean sovereign fund GIC Private Limited’s private placement in the Ayala-led firm worth Php11.9 billion. The private placement, done by GIC subsidiary Arran Investment...
Emerging retail electricity supplier (RES) Mabuhay Energy Corporation (MECO) has recently signed a new contract with the Philippine branch of a Thailand-based agribusiness conglomerate. Mabuhay Energy, which signed a contract with Megaworld’s...
Lopez-led Energy Development Corporation (EDC) is planning to issue Php3 billion worth of Green Bonds with an oversubscription option of up to Php2 billion. In statement, the Philippine Rating Services Corporation (PhilRatings)...
The National Grid Corporation of the Philippines’ (NGCP) has increased the size of its planned initial public offering (IPO) to $1.5 billion (around $73.1 billion), though this may be raised further to...
The National Grid Corporation of the Philippines (NGCP) is seeking approval from the Energy Regulatory Commission (ERC) for its major transmission and substation projects worth Php24.5 billion. Based on a Manila Bulletin...
The National Grid Corporation of the Philippines (NGCP) recently launched its Central Control and Monitoring System (CCMS), allowing the firm to operate unmanned substations and improving power transmission capabilities to bring the country...
The Philippine Dealing and Exchange Corporation (PDEx) has approved the listing of Aboitiz Power Corporation’s Series “A” bonds worth Php8 billion, including oversubscription. In its disclosure to the Philippine Stock Exchange, AboitizPower...
(UPDATED) Aboitiz Power Corporation has allotted Php23 billion for capital expenditures (capex) this year mainly for the completion of the GNPower Dinginin (GNPD) coal power plant project and the installation of various battery...
The House of Representatives is looking to pass a measure that seeks to phase out old liquefied petroleum gas (LPG) cylinders. The lower chamber’s energy and trade and industry committees have approved...
