Energy
Pure Energy Group acquires 71.68% of Coal Asia for P220.9M
Coal Asia Holdings Corp., a publicly listed mining firm, announced that majority shareholders have agreed to sell a controlling 71.68% stake to a consortium composed of Pure Energy Holdings Corp., Pure Water Corp., and Quadwater Corp. in a deal valued at P220.9 million.
Power restoration ongoing in storm-hit areas
The Manila Electric Company (Meralco) remains on full alert as restoration efforts continue following power interruptions caused by Severe Tropical Storm Opong (international name: Bualoi).
Marcos signs law ensuring nuclear safety
President Ferdinand R. Marcos Jr. has signed Republic Act No. 12305, or the Philippine National Nuclear Energy Safety Act, into law, establishing a robust regulatory framework...
Meralco nears full power restoration after Nando
The Manila Electric Company (Meralco) has restored electricity to nearly all customers affected by power outages caused by intensified southwest monsoon rains triggered by Super Typhoon Nando (international name: Ragasa). According to Meralco vice president and head of corporate communications Joe R. Zaldarriaga, crews are now conducting final restoration efforts and will continue working until service is fully restored.
Alternergy acquires 2 Quezon wind projects
Alternergy Holdings Corp., a listed green energy company, is acquiring two wind power projects in Quezon Province—Tayabas North and Tayabas South—from CleanTech Global Renewables...
