Energy & Mining
Copenhagen targets $3B for emerging market greenfield renewables fund
Danish investment firm Copenhagen Infrastructure Partners is looking to raise $3 billion for a new fund focused on building renewable energy projects from scratch in emerging and middle-income countries, the heads of the fund told Reuters.
DOE all set for greater investor participation in green energy
The Department of Energy (DOE) is sanguine that geography and reputation will help drive investments in the energy sector, more so now when the Philippines ranked high in the BloombergNEF Climate 2023 report as among the most attractive emerging markets for investments in the power sector.
Meralco may be facing new round of rate refunds
A former top official of the Energy Regulatory Commission (ERC) claimed the Manila Electric Co. (Meralco) may cough up or regurgitate as much as P150 billion in customer refunds on top of automatic rate reductions based on a re-computation of its weighted average cost of capital (WACC).
NGCP asked to stretch power grid lines over residential area it sought to avoid
The Iloilo Grain Complex Corp. (IGCC) has asked the National Grid Corporation of the Philippines (NGCP) again to consider rerouting a 1.7-kilometer stretch of power lines over a residential area instead of over an open space that the timber and agriculture support company has succeeded in tangling up with its successful bid to stop the enforcement of a writ of possession from the Supreme Court.
Bright Christmas
After three Christmas seasons, the Manila Electric Company (Meralco) reopens its iconic Liwanag Park to bring holiday cheers in Metro Manila as Filipinos usher...
