ENEX ENERGY CORP., a subsidiary of Ayala-led ACEN Corp., has secured approval from the Securities and Exchange Commission (SEC) to raise its authorized capital stock, enabling the company to access additional funding.

POWER DISTRIBUTOR Manila Electric Co. (Meralco) is allocating a capital expenditure (capex) budget of P26 billion to P30 billion for 2026 to fund its distribution projects, its top executive said.

Most of the country’s major power players have expressed interest in developing nuclear power projects, Energy Secretary Sharon Garin said over the weekend.

MANILA – Department of Energy (DOE) Secretary Sharon Garin on Friday expressed confidence in hitting the government’s goal to increase the share of renewable energy (RE) to the total power mix to 35 percent by 2030, given the huge interest among investors.

MANILA, Philippines — Razon-led Negros Electric and Power Corp. has secured a five-year baseload supply contract with Aboitiz Power Corp., a move expected to strengthen energy security in its franchise area.

MANILA, Philippines — The P19.7-billion entry of Maharlika Investment Corp. (MIC) into the country’s grid operator could face further delays, with the deal’s completion potentially slipping into next year, according to the top energy official.

Manila Electric Co. and the U.S. Trade and Development Agency (USTDA) signed an agreement for a $2.7 million grant to conduct a feasibility study on small modular reactors (SMRs) for the Philippines.

MGen Renewable Energy (MGreen), the clean power subsidiary of Meralco PowerGen (MGen), is eyeing a share swap with SP New Energy Corp.’s (SPNEC) renewable platform as early as the first half of 2026.

THE Department of Energy (DoE) said it is exploring new low-interest financing schemes for renewable energy (RE) developers to accelerate the rollout of hybrid off-grid power projects served by the Small Power Utilities Group (SPUG).

THE PHILIPPINES will need around $3.9 trillion in investment to unlock the potential of its hydropower resources, according to the PhilHydro Association, Inc.