Manila Electric Co. through its unit MGen Renewable Energy Inc. (Mgreen) made an initial payment of P7 billion as part of its plan to acquire a majority stake in solar energy producer SP New Energy Corp.
SPNEC said in a statement Friday it received the P7-billion initial payment from MGreen, with the balance of P8.9 billion to be paid by the closing date.
MGreen signed an agreement with SPNEC and parent...
Transmission operator National Grid Corp. of the Philippines (NGCP) asked the Supreme Court to lift the temporary restraining order against the P3 billion Panay-Guimaras...
Power retailer Manila Electric Co. (Meralco) is inviting interested power generation companies to participate in the competitive selection process (CSP) or bidding for 1,200...
The board of Energy Development Corp. (EDC) on Wednesday approved the public offering, issuance and listing of the second tranche of the company’s shelf-registered...
Aboitiz Power Corporation (AboitizPower) and partner First Bay Power Corporation gave much-needed vitamins, medicine, and medical equipment to barangays Sampaguita and San Diego in...
An oil and gas exploration company lauded the Marcos administration for asserting the Philippines’ rights over the West Philippine Sea (WPS).
PXP Energy Corp. chairman...
