Author Archives: LM Staff

Primelectric: Socoteco bid vows lower power rates, better service

MANILA, Philippines — Primelectric Holdings Inc. of tycoon Enrique Razon Jr. is promising lower power...

Sen. Hontiveros files for VAT removal on system loss charges

A broader legislative push to review electricity pricing in the Philippines is gaining momentum in...

Senate PROTECT Committee calls for amendment of EPIRA law amid questions on Meralco charges

A member of the Senate Proactive Response and Oversight for Timely and Effective Crisis Strategy...

DOE reports stable fuel supply as pump prices increase this week

The Department of Energy (DOE) reported overall increases in fuel prices this week, even as...

ACEN extends PHP 850M loan for Palauig battery project

Ayala-led ACEN Corp. has approved a short-term loan of up to P850 million to a...

Meralco Q1 core income up 2% as LNG, solar lift generation arm

Meralco reported a modest increase in first-quarter earnings for 2026 as gains from its generation...

First Gen finalizes structure of controversial P62-B hydro deal

MANILA, Philippines -First Gen Corp. has formalized the structure and payment terms of its hydropower...

Vena Energy’s Garcia 4 Solar wins Deal of the Year–APAC at IJGlobal Awards

Vena Energy’s Garcia 4 (Opus Solar Energy Project) in the Philippines has been named Solar...

BCDA partners with Esyasoft on BESS, smart energy in New Clark City

State-run Bases Conversion and Development Authority (BCDA) has signed a memorandum of understanding with Esyasoft...

Meralco to sell 65% stake in Radius Telecoms to PLDT for PHP 2.9B

Manila Electric Company (Meralco) has approved the sale of its majority stake in Radius Telecoms,...