Author Archives: LM Staff

Ayala power unit postpones ₱30-B stock rights offering

ACEN Corp., the listed power arm of conglomerate Ayala Corp., is putting off its P30-billion...

ACEN International secures $100-M loan for projects

ACEN INTERNATIONAL, Inc., the global arm of ACEN Corp., secured a $100-million loan from MUFG...

Alternergy looks into Albay wind potential

Alternergy Holdings Corp. has started assessing the wind potential in Albay Province where it plans...

Meralco: Energy sales of PH hotels decline in H1

The decrease in energy demand in the hospitality sector, along with poor tourist arrivals are...

ERC tells First Gas, Meralco to follow procedure on power deal extension

The Energy Regulatory Commission (ERC) asked First Gas Power Corp. and Manila Electric Co. (Meralco)...

Power disconnection in storm areas halted

The Energy Regulatory Commission (ERC) has issued an advisory directing distribution utilities (DUs) to suspend...

Meralco says rates among lowest in PH

Power retailer Manila Electric Co (Meralco) said Friday its rates are subject to a stringent...

Meralco prepares for new 900-MW supply bidding

POWER retailer Manila Electric Co. (Meralco) is preparing for a new competitive selection process (CSP)...

GWEC investing over P14b in Iloilo wind project

Guimbal Wind Energy Corp. (GWEC) plans to invest up to P14.36 billion in investment for...

EDC eyes up to 120 MW from Mindanao plants

LOPEZ-LED Energy Development Corp. is optimistic about its Mindanao geothermal operations, with plans to add...