Energy & Mining
Vivant completes divestment from Buskowitz Energy
Vivant Corporation announced the successful completion of its divestment from Buskowitz Energy Inc., following the finalization of post-closing requirements and transaction documents by its subsidiary, Vivant Renewable Energy Corp. (VREC).
Senate urged to pass nuclear energy bill amid economic concerns
Department of Energy (DOE) Secretary Raphael Lotilla on Tuesday expressed optimism that the Senate would pass the Philippine National Nuclear Energy Safety Act (PhilATOM) before Congress adjourns in February.
Meralco, San Miguel, Aboitiz complete USD3.3B power deal
Meralco PowerGen Corp. (MGEN), a subsidiary of Manila Electric Co., alongside San Miguel Global Power Holdings Corp. (SMGP) and Aboitiz Power Corp., has successfully closed a USD3.3 billion joint investment agreement.
Meralco refutes overcharging claims, highlights transparency, regulatory compliance
Manila Electric Company (Meralco) firmly denied recent allegations of overcharging, emphasizing its strict compliance with the Energy Regulatory Commission (ERC) regulations.
MIC acquires stake in NGCP, enhancing government influence over power transmission
The Maharlika Investment Corporation (MIC) has secured a 20 percent stake in the National Grid Corporation of the Philippines (NGCP) through a binding agreement with Synergy Grid and Development Philippines Inc. (SGP), marking a pivotal step in the country's energy sector.
