Energy & Mining
Leviste completes P13.76-B SPNEC shares sale to Meralco
SP New Energy Corp. (SPNEC) founder Leandro Leviste has completed the sale of another 10.83 billion shares in the company to Manila Electric Co. (Meralco) for ₱13.76 billion, finalizing his planned divestment of part of his stake.
AboitizPower profit climbs in 3Q on strong hydro, higher margins
Aboitiz Power Corp., the power generation and distribution unit of the Aboitiz Group, posted a net income of P10.6 billion in the third quarter, a 5 percent gain from the year-earlier period, driven mainly by improved margins from its generation segment.
PH eyes power grid link with Malaysia – DOE
The Philippines is in talks with Malaysia for a possible interconnection of their power grids, which could mark the country’s first link to a regional electricity network, Energy Secretary Sharon Garin said on Monday.
Yuchengco-led RGEC completes solar grid link
Yuchengco-led Rizal Green Energy Corp.(RGEC) has successfully completed the grid connection for its 40-megaWatt direct current (MWDC) Limbauan Solar Power Project (LSPP) in Isabela...
Pump prices to jump by up to ₱2 per liter on Tuesday
Motorists should brace for another round of fuel price hikes this week, with oil companies set to implement across-the-board increases on Tuesday morning, October 29.
