Energy
Prime Infra seals ₱50B deal for control of First Gen’s natgas assets
Prime Infrastructure Capital Inc. (Prime Infra), led by tycoon Enrique Razon, has completed its ₱50-billion acquisition of a 60 percent stake in First Gen Corp.’s natural gas portfolio in Batangas City.
Fuel costs jump again: gasoline, diesel up by ₱1.20/L starting Tuesday
Motorists are bracing for another round of pump price hikes as local oil companies raise the cost of both gasoline and diesel by ₱1.20 per liter.
Alternergy buys Cebu wind project
Alternergy Holdings Corporation has moved to expand its renewable footprint in the Visayas with the acquisition of the Alegria Cebu Wind Power Project, its first wind venture in the region.
Fil-Swiss JV wins incentives for Quezon, Bohol wind projects
Filipino-Swiss developer Triconti Windkraft Group has secured spots in the Department of Energy’s fourth Green Energy Auction (GEA4) for two new wind projects in Atimonan, Quezon and Anda, Bohol.
DOE backs major renewable energy plans in Agusan del Norte
The Department of Energy (DOE) is supporting several key energy initiatives in Agusan del Norte as the province seeks greater energy self-sufficiency. Already achieving 100 percent household electrification, the province plans to install solar rooftop systems on government buildings, hospitals, and key facilities.
