The Energy Regulatory Commission (ERC) is studying tycoon Ramon Ang’s acquisition of a minority stake in Lopez Inc. to evaluate potential breaches of anti-competitive safeguards and statutory ownership limits in the power sector.
Lopez-owned First Philippine Holdings Corp. (FPH) rejected a non-binding proposal from global investment firm Kohlberg Kravis Roberts & Co. L.P. (KKR) to acquire an 8.43-percent stake in First Gen Corp., the company said in a disclosure to the Philippine Stock Exchange Monday.
Shell Energy Philippines has moved its Hermosa Battery Energy Storage System (BESS) project in Hermosa, Bataan, into the next stage of development after signing key contracts covering engineering, construction, and long-term operations.
The National Power Corporation (NAPOCOR) is targeting an additional 6.16 million liters of fuel storage capacity by 2029 as it seeks to strengthen fuel security for its diesel-fired power plants serving off-grid areas.
Alternergy Holdings Corp. has secured an investment-grade PRS Aa minus rating with a Stable Outlook from Philippine Rating Services Corp. (PhilRatings) for its proposed issuance of up to Php 2 billion in fixed-rate corporate notes, giving the renewable energy developer a stronger footing as it ramps up project development.
Citicore Renewable Energy Corp. (CREC) posted a 92% increase in net income to PHP .2 billion in the first half of 2026, as newly energized renewable energy plants lifted margins and strengthened the company’s earnings base.
THE Energy Regulatory Commission (ERC) is assessing whether businessman Ramon S. Ang’s acquisition of a 25.68% stake in Lopez, Inc. could trigger market-share caps, cross-ownership limits, or other restrictions in the power sector, its chairman said.
The Energy Regulatory Commission (ERC) facilitated PHP 71.3 billion in consumer refunds while approving 250 Power Supply Agreement (PSA) cases and 144 capital expenditure (CAPEX) projects during the first year of Chairperson and Chief Executive Officer Francis Saturnino C. Juan.
THE Department of Energy (DoE) said it hopes that the plan by Maharlika Investment Corp. (MIC) to invest P19.7 billion in the National Grid Corp. of the Philippines (NGCP) will conclude this year.
The Energy Regulatory Commission (ERC) of the Philippines has reported significant progress in regulatory approvals, consumer protection, market access, and energy transition initiatives during the first year of Chairperson and CEO Atty. Francis Saturnino C. Juan.