Alternergy unit secures P8 billion from banks for Tanay wind farm
Alternergy Holdings Corp. said Tuesday its wholly-owned subsidiary Alternergy Tanay Wind Corp. has secured a loan from the Bank of the Philippines Islands and Security Bank Corp. for up to P8 billion.
Meralco says power supply restoration almost complete; readies for Red Alert
Manila Electric Co. said that by early Tuesday it had almost fully restored power supply to around 1.7 million customers affected by Typhoon Aghon but warned of possible outages as the National Grid Corp. declared yellow and red alerts in the Luzon Grid.
Teaching school taps ACEN unit in renewable energy pact
The National Teachers College (NTC) has tapped ACEN Corp. retail arm ACEN Renewable Energy Solutions (ACEN RES) for the supply of renewable energy to the learning institution.
Fuel price rises 40-centavos more per liter beginning Tuesday
The price of gasoline and diesel will increase by P0.40 per liter at the pumps just after midnight Tuesday, the various retailers said.
T-bill yields rise as demand for short-dated debt papers ease
Treasury bill yields were slightly higher at Monday’s auction, with an earlier government report of a budget surplus in April tempering the impact of lower demand for short-dated debt papers.
