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Sunday, 01 June 2025, 2:50 am

    Energy

    ACEN acquires 8 wind power projects in Texas

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    ACEN Corp., the listed energy arm of Ayala Group, said it acquired a portfolio of eight operating wind projects in Texas, U.S.A. through its joint-venture company, UPC Power Solutions LLC.

    NPC proposes P5B sovereign guaranteed credit line for SPUG

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    Energy officials look to the local debt market for relief and find a P5 billion credit line quickly to underwrite the financing requirements of the Small Power Utilities Group (SPUG) operated by the National Power Corporation (NPC).

    DOE rules out strategic petroleum reserve program

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    The pursuit of alternative fuels is top of mind among policy planners in the pursuit of a stable and cost-effective energy sources to run the various industries, the Department of Energy (DOE) said on Wednesday.

    Power firm bares P20B renewable energy projects over 5 years

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    Renewable energy developer Alternergy Holdings Corp. is prepared to spend up to P20 billion over the next three to five years and install 350 megawatts (MW) worth of new energy projects.

    Nickel Asia in deal to secure P2B loan for solar farm project

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    Nickel Asia Corp. said Tuesday its board approved its entry into a surety deal with Security Bank Corp. to secure an additional P2.0 billion...
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    Context.ph

    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Energy

    Meralco powers energy transition with grid modernization push

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    In a bold move underscoring its leadership in the Philippines’ energy transition, the Manila Electric Company (Meralco), led by business titan Manuel V. Pangilinan, is spearheading a comprehensive grid modernization initiative aimed at integrating distributed energy resources (DERs) seamlessly into its power distribution network.
    Corporate Bulletins

    Lopez-led First Gen holds annual stockholders’ meeting and board elections

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    First Gen Corp. chairman and CEO Federico R. Lopez (second from left) shares a light moment with four other members of the company’s board after their re-election during the company’s annual stockholders’ meeting on 29 May 2025. With him are (from left) director Manolo Michael T. De Guzman, president and COO Francis Giles B. Puno,  and independent directors Alicia Rita L. Morales and Edgar O. Chua. Not in photo are re-elected directors Richard Raymond B. Tantoco, Manuel L. Lopez Jr., Elvira L. Bautista and Maria Presentation L. Abello, as well as new independent director Manuel I. Ayala. First Gen is a leading independent power producer in the Philippines. It operates a diverse portfolio of 32 power plants with a total installed capacity of 3,639 megawatts at the end of 2024. These facilities generate power across the Luzon, Visayas, and Mindanao grids, supporting the country’s energy needs.
    Agriculture

    DA steps up effort to modernizes livestock, feed sectors

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    The Department of Agriculture (DA) is intensifying efforts to modernize and safeguard the country's livestock, feed mill, and gamefowl industries, Agriculture Secretary Francisco P. Tiu Laurel Jr. said Thursday, in line with President Ferdinand Marcos Jr.’s goal of achieving food security and rural development.
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