Author Archives: LM Staff

CREIT declares P0.046 per share dividend, boasts of 6.2% annual yield

Citicore Energy REIT Corp. on Friday declared dividends amounting to P0.049 per share, representing income...

Green investments in Philippines slide in 2024

THE PHILIPPINES’ private investments in green projects declined in 2024 as higher investments in solar...

San Miguel unit to build 1,600 MW of hydro projects

San Roque Hydropower Inc. proposed to develop two pumped storage hydro projects in Itogon, Benguet...

Power demand drops on Election Day holiday; grid ops normal

MANILA – Power demand across the Philippines dropped on Monday, which was declared a special...

PacificLight to begin operations of 100 MW fast-start power plant in Singapore in Q2

Singapore-based PacificLight Power Pte. Ltd. (PacificLight), a joint venture between Meralco PowerGen Corp. and First...

Meralco unit scaling up LNG operations in Singapore

MANILA, Philippines — Meralco PowerGen Corp. (MGen), a key force behind the multibillion-dollar power venture...

NEA prepares power lines for 2025 elections

State engineers from the National Electrification Administration (NEA) have readied electric cooperatives (ECs) and their...

ACEN unit, ING Bank Manila sign term loan facility worth 50m euros

ACEN Corp.’s subsidiary ACEN International Inc. and ING Bank N.V., Manila Branch completed the signing...

ERC approves Pinili substation

The Energy Regulatory Commission (ERC) said over the weekend it approved National Grid Corp. of...

Survey shows strong demand for new power providers in Batangas province

A survey in Batangas province found that 54 percent of BATELEC 2 customers and 46...