Energy & Mining

Nickel Asia Corp. (NAC) has completed its USD30-million acquisition of a 20 percent interest in a Kazakhstan copper operation, expanding beyond nickel and giving the Philippine-listed miner exposure to an existing producing asset.

FAST Logistics Group is installing rooftop solar at its Cebu cold-chain hub to reduce reliance on grid power, where round-the-clock refrigeration makes electricity a significant operating cost.

Twenty-nine Luzon and Visayas electric cooperatives have secured long-term power supply agreements (PSAs) with six generation firms, ensuring stable electricity for millions, the National Electrification Administration (NEA) announced Thursday.

Manuel V. Pangilinan-led Manila Electric Company (Meralco) has recognized the Philippine National Police’s (PNP) support in addressing electricity theft as it pledged to sustain efforts to reduce system losses, particularly non-technical losses arising from illegal connections and power pilferage.

ACEN Corp.’s retail arm ACEN RES will supply 100 percent renewable energy—from solar, wind, and geothermal sources—to ACS Manufacturing’s two key Laguna facilities.