Basic Energy Corp. (BEC) is laying the groundwork for a strategic shift toward nearshore and offshore wind development, with the company preparing to raise around USD 300 million to fund ongoing and...
Basic Energy Corporation posted a consolidated net loss of PHP 115.45 million for the first quarter of 2025, reversing its PHP 11.58 million net income in the same period last year. This...
Basic Energy Corporation projects that its 50-megawatt (MW) wind power development in Mabini, Batangas will be operational by early 2028. In a report by Business World, Basic Energy president and chief operating...
Basic Energy Corporation is solidifying its partnership with Renova Inc. of Japan through a joint development and shareholder’s agreement concerning the Php 4.5 billion Mabini wind project. As per Basic Energy, this...
Basic Energy Corporation (BEC) collaborates with Japanese renewable energy (RE) firm Renova Inc. for the joint development of the 50-megawatt (MW) Mabini wind project in Batangas. The Business World reported that the...
Basic Energy Corporation will be allotting an initial budget of Php31 million for its 50-megawatt (MW) Mabini Wind Project in Batangas, which will begin construction soon. In a disclosure to the Philippine...
