Energy
Citicore Renewable earnings shine on solar surge
Citicore Renewable Energy Corporation (CREC) powered up its earnings in the first nine months of 2025, posting a 28 percent jump in net income to P966 million on the back of rising electricity sales and a rapidly expanding solar portfolio.
4M power connections restored after typhoons
The Department of Energy (DOE) said Monday that electricity has been restored to around 4 million of the 4.8 million homes and businesses affected by Typhoons Tino and Uwan.
Prime Infra seals ₱50B deal for control of First Gen’s natgas assets
Prime Infrastructure Capital Inc. (Prime Infra), led by tycoon Enrique Razon, has completed its ₱50-billion acquisition of a 60 percent stake in First Gen Corp.’s natural gas portfolio in Batangas City.
Fuel costs jump again: gasoline, diesel up by ₱1.20/L starting Tuesday
Motorists are bracing for another round of pump price hikes as local oil companies raise the cost of both gasoline and diesel by ₱1.20 per liter.
Alternergy buys Cebu wind project
Alternergy Holdings Corporation has moved to expand its renewable footprint in the Visayas with the acquisition of the Alegria Cebu Wind Power Project, its first wind venture in the region.
