Energy & Mining
NPC proposes P5B sovereign guaranteed credit line for SPUG
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
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
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
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...
Advisors broach WESM price cap removal to Malacañang
The Energy Regulatory Commission (ERC) on Monday bared the likelihood of lifting the so-called secondary price cap at the Wholesale Electricity Spot Market (WESM), the idea having been already presented to President Ferdinand Marcos Jr. in meeting with the Private Sector Advisory Council (PSAC) last week.
