Energy
Thunder Consortium wins CBK Hydro bid
Aboitiz Power Corp. said its wholly-owned subsidiary, Aboitiz Renewables, Inc., has received confirmation from the Power Sector Assets and Liabilities Management Corp. (PSALM) that the Thunder Consortium has been awarded the sale and privatization of the Caliraya-Botocan-Kalayaan (CBK) Hydroelectric Power Plant Complex.
BDO Unibank powers past ₱1T in green financing
BDO Unibank Inc. has surpassed ₱1.04 trillion in sustainable financing since launching its Sustainable Finance Program in 2010, marking a significant milestone in its commitment to inclusive growth, environmental responsibility, and long-term economic resilience. The bank’s financing efforts span critical sectors such as energy, infrastructure, water, transportation, and community development.
Fresh River Lakes secures ₱15-B loan facility
Fresh River Lakes Corp. (FRLC), a wholly owned subsidiary of First Gen Corp., has secured a total of P15 billion in loan facilities from three major Philippine banks—BDO Unibank Inc. (BDO), Bank of the Philippine Islands (BPI), and Rizal Commercial Banking Corp. (RCBC).
Diesel prices seen rising up to P1.20/L Tuesday
Motorists and transport operators brace for another round of fuel price hikes on Tuesday, with diesel expected to rise by as much as P1.20 per liter and gasoline by up to P0.50 per liter, according to Jetti Petroleum Inc.
Meralco on standby for storm-related emergencies
The Manila Electric Company (Meralco), led by Manuel V. Pangilinan, assured the public of its readiness to respond to electricity service issues brought about by the lingering effects of Severe Tropical Storm Crising and the enhanced southwest monsoon.
