Energy & Mining
EDC secures permit for second tranche of Asean green bonds
The Energy Development Corp. (EDC) has secured authority from the Securities and Exchange Commission (SEC) to go ahead and sell fixed-rate ASEAN green bonds worth up to P10 billion.
Meralco, JCCIPI team up to advance PH energy industry
Manuel V. Pangilinan-led Manila Electric Co. (Meralco) has collaborated with the Japanese Chamber of Commerce & Industry of the Philippines, Inc. (JCCIPI) to promote sustainable, innovative and energy efficient solutions in the Philippine energy industry.
ACEN unit in deal to acquire 165.6MW Texas wind farm
ACEN Corp., the renewable energy arm of the Ayala Group, said Monday its subsidiary ACEN International Inc. will acquire and invest in Hackberry Wind Project, a 165.6-megaWatt wind farm in Texas, USA.
WESM power rates surge 25 percent in April
The price of electricity at the Wholesale Electricity Spot Market (WESM) in April increased has increased, based on initial estimates made by the Independent Electricity Market Operator of the Philippines (IEMOP).
Meralco rates likely adjust higher in May
The Manila Electric Co. (Meralco) on Thursday dropped hints of another upward adjustment in the cost of electricity within its franchise area.
